P2P payments

Bank of America CEO: ‘Consumers Are Still Solidly in the Game’
Bank of America CEO: ‘Consumers Are Still Solidly in the Game’
April 15, 2025  |  Earnings

Consumers are still spending, Bank of America’s earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.”  ...

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Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
March 04, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) reportedly dropped its lawsuit targeting the operator and three owner banks of Zelle. The regulator said in a Tuesday...

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Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025  |  Payment Methods

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. During 2024, American consumers and small businesses transmitted more than $1...

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Beyond Borders: Pix’s Evolution From Domestic Powerhouse to International Player
Beyond Borders: Pix’s Evolution From Domestic Powerhouse to International Player
December 17, 2024  |  Digital Payments

PYMNTS Intelligence data has detailed the ways in which various economies around the globe have “plugged in” to a broad range of digital activities, spanning...

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Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024  |  Cross-border Payments

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of...

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44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
December 02, 2024  |  Consumer Insights

In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half...

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Zelle Reportedly Steering Users to Banking Apps
Zelle Reportedly Steering Users to Banking Apps
October 31, 2024  |  Mobile Applications

Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on...

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Early Warning: Zelle Transaction Volume Rose 27% in First Half
Early Warning: Zelle Transaction Volume Rose 27% in First Half
October 17, 2024  |  Payment Methods

The Zelle person-to-person (P2P) payments network continued growing in the first half of the year. The number of transactions sent via the network increased 27%...

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Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
Venmo Prepares to Roll Out Scheduled and Repeat Payments Feature
October 02, 2024  |  Payment Methods

Venmo is reportedly giving users an easier way to make repeat or scheduled payments. The new feature would let customers schedule payments — or requests —...

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