05 Dec 17 @ 09:23

The heads of several large European banks have told the Financial Times that they are in talks about jointly setting up a cross-border instant payments service. The details are sketchy... read more

08 Nov 17 @ 16:22

Apple rolled out Apple Pay Cash for those in its public beta program the service will act like virtual debit card, allowing P2P payments, to take on Venmo. Apple Pay Cash will... read more

20 Sep 17 @ 14:28

From virtual mobile wallets to peer-to-peer money transfer apps, there are an increasingly diverse number of ways to pay, beyond the old medium of cash. And the geographic scope of... read more

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

12 Jun 17 @ 16:22

More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build... read more

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

09 Nov 16 @ 14:41

Despite double-digit growth this year and next, Americans’ use of proximity mobile payments wallets like Apple Pay, Android Pay and Samsung Pay, as well as branded apps that include mobile... read more

25 Oct 16 @ 09:16

PayPal reported third quarter earnings last week with an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. However, it is reported that some investors were... read more

22 Jul 16 @ 11:40

Unlikely partners, PayPal  and Visa, announced a US strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in... read more

16 Jun 16 @ 11:39

The expansion of Apple Pay to websites (desktop and mobile) is potentially significant for e-commerce and for Apple Pay adoption. According to a recent consumer survey, 23% of iPhone owners... read more

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

09 Mar 16 @ 09:17

Two of the US’s biggest banks, US Bank and Bank of America are to offer real-time, mobile P2P money transfers to consumer mobile phones over the clearXchange network. ClearXchange, operated by... read more

24 Feb 16 @ 16:49

Alexander Silva is thinking less and less about his bank these days. He uses his Venmo app at least three times a month to pay his rent or reimburse a... read more

25 Sep 15 @ 13:20

A survey of more than 900 cybersecurity experts shows that an overwhelming majority (87%) expect to see an increase in mobile payment data breaches over the next 12 months, yet... read more

27 Jul 15 @ 12:20

In a new report from Juniper Research it is projected that the number of mobile money transfers globally will increase by nearly 150% in 2015 to more than 13bn, with several social media... read more

15 Jul 15 @ 15:47

The digital decade has re-shaped industries as far afield as healthcare and retail. By contrast, the financial services industry has remained relatively unaffected, until now. With a generation of ‘digital... read more

08 Jul 15 @ 16:06

Apple Pay is missing an essential feature that it needs to stop people using other mobile payments apps: P2P. But, according to media reports, it looks like Apple is planning to change... read more

02 Jul 15 @ 18:00

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your... read more

08 Jun 15 @ 16:45

Electronic person-to-person (P2P) payments have been on a roller coaster of interest over the last decade.  PayPal launched the first successful, widespread service in the late 1990s and has enjoyed... read more

29 May 15 @ 10:32

The Facebook Messenger payments service has been tweaked to make it easier for friends to send money within conversations. Although launched in March, the P2P payments feature has so far... read more