13 Oct 25 @ 12:36
Zelle has entered 2025 with unprecedented momentum, reporting 2 billion transactions and nearly $600 billion in payments during H1 2025. The network, operated by Early Warning Services, recorded double-digit growth... read more
24 Mar 25 @ 09:38
Zelle, the US Peer-to-Peer (P2P) payments network, has announced a record-breaking $1trn in transactions processed in 2024, marking a 27% Year-On-Year (YOY) increase. With a total of 3.6 billion transactions,... read more
01 Jun 18 @ 10:01
In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15 percent quarter-over-quarter (QoQ), or 85 million transactions, up 14 percent QoQ. “Zelle is replacing cash and cheques... read more
11 Oct 17 @ 14:59
Zelle, the bank-based mobile P2P offering operated by Early Warning says more than four million people have enrolled in the mobile based payment network backed by many of the US’s... read more
23 Nov 16 @ 13:41
A consortium of US banks, including Wells Fargo, JPMorgan Chase and Bank of America, are rolling out a new P2P money transfer app to take on Venmo and other mobile... read more
17 Feb 22 @ 15:05
This year’s PCM’s Digital and Card Payment Yearbooks suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and other methods. James Wood... read more
09 Jun 21 @ 03:51
A new study finds that digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025, driven by growth in mobile money transfers. ... read more
08 Apr 19 @ 14:24
Dan Schulman, the CEO of PayPal, has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more
08 Apr 19 @ 13:18
A late 2017 McKinsey study warned payments firms should be more worried about “Big Tech” than fintechs as a threat to their businesses. Since then, Facebook, Apple, Google and Amazon... read more
03 Oct 18 @ 13:47
It has been an interesting few weeks in the P2P payments market. It all began when Snapchat announced that it will cease Snapcash, its mobile P2P payments app for Snapchat,... read more
03 Oct 18 @ 13:32
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more
03 Aug 17 @ 06:17
More than 30 US banks and credit unions unveiled a unified person-to-person money transfer service in mid-June. Known as Zelle, the service covers around 86 million US mobile-banking customers and... read more
05 Aug 26 @ 16:37
Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more
05 Aug 26 @ 16:36
Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more
13 Aug 26 @ 15:19
Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more