The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the...
America’s smaller banks aren’t happy with a plan to reimburse peer-to-peer payment scam victims. Industry groups representing the country’s community banks and credit unions say these institutions...
For banks, reimbursing victims of Zelle-related fraud is only a partial solution. It’s a retroactive redress. But to really address the issue, financial institutions (FIs) will...
Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...
Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). With this launch, Varo says it has...
Gig workers and small business owners are reportedly using the payment service Zelle to avoid declaring taxable earnings to the IRS. While users of Zelle...
Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...
Bank of America’s latest earnings results show that consumers’ embrace of digital banking — particularly P2P transactions — continues to grow by double-digit percentages. And,...
The ongoing debate on Capitol Hill over peer-to-peer (P2P) payments regulation came into focus Monday (Oct. 3) after U.S. Sen. Elizabeth Warren, an outspoken critic...