Peer-to-peer (P2P) payments, a long-standing vehicle for transactions between consumers, has evolved recently into usage between merchants and consumers as well. The steady growth of...
Truist posted second-quarter results that show continued adoption of digital channels for mobile banking — and a stabilizing of deposit flight seen earlier in the...
J.P. Morgan Chase is reportedly resolving some duplicate transactions experienced by its customers who used Zelle. The bank has apologized to customers, is working to resolve the...
Despite last month’s turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on...
Consumers’ and businesses’ use of Zelle increased about 30% year over year in the first quarter. The number of transactions completed using the peer-to-peer (P2P)...
Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend...
Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface...
Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech....
Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...