Venmo Shares More Information than Customers Might Realize
The Wall Street Journal takes a close look at information sharing within the popular payments app Venmo and how users can use a few simple ...
Zelle Sees Big Opportunity in Working with Smaller Banks and Credit Unions
Zelle currently has 51 banks live on their network, with more than 200 under contract and in the process of integration; the company is ...
Venmo Needs to Put a Higher Priority on Privacy
A University of Washington study indicated that non Venmo users were concerned about the social networking aspect of the app; Venmo needs to find ...
P2P Payments Continue to See Growth Through Venmo and Zelle
Zelle processed $28bn in payments for Q2 2018 for a 17 percent year over year increase while Venmo processed $14bn for a 50 percent ...
Venmo Makes Payments Easy but Mistakes are Hard to Reverse
Money transfer services have become all the rage recently as apps like Venmo make it easy and fun to pay friends and family; but ...
UK Challenger Banks Are Rolling Out Location Based P2P Payments
In the UK Revolut has rolled out a peer to peer payments feature called “Near Me” which lets their users send money to each other ...
Announcements & Releases for May 10, 2018
Bitcoin Exchanges Try to Lure High-Speed Traders like Virtu and Citadel Zopa to boost regulatory clout ahead of Brexit ...
Banks Grappling with Problems from Zelle
Customers using Zelle within their banking app have fallen prey to a scam where they send money for tickets but never receive the ticket; since ...
Faster Payments Can Come with Faster Fraud
According to new data from the Federal Reserve mobile payments have seen a big growth among consumers but fraud has also risen; the shorter clearing ...
Venmo Could be Headed Towards Monetization Soon
Venmo currently accounts for about 39 percent of PayPal’s digital p2p payments business; PayPal and Venmo only charge users a fee when they use their ...