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An Overview of Debit Cards, P2P Payments, and Digital Cash in 2024

Clearly Payments

Debit payments, peer-to-peer (P2P) money transfers, and digital cash have been evolving at a good pace over the past 10 years. The Rise of P2P Platforms P2P money transfer platforms such as PayPal, Venmo, Cash App, and Zelle have seen exponential growth in recent years.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

It’s followed by point-of-sale (POS) terminals with 24 companies and a share of 11%; cryptocurrency and blockchain with 22 companies and a share of 10%; and peer-to-peer (P2P) lending with 21 companies and a share of 9.5%. The payment vertical continues to dominate, with 48 companies and a share of 21.8%. rate in 2023.

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Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

PYMNTS

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.

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Tectum Launches Tectum Labs to Support the Adoption of Tokenisation

The Fintech Times

Blockchain innovator Tectum is on a mission to show that tokenisation can be used to have a real-world impact by unlocking liquidity, streamlining operations and expanding access to global capital markets, to name a few examples. Leveraging Tectums blockchain infrastructure, Tectum Labs integrates the high-speed Tectum 4.0

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Facebook Terminates P2P Payment Platform In UK, France

PYMNTS

Finextra , citing a Facebook spokesman, reported the P2P payment service that worked through Messenger was launched in 2017. The efforts come as Facebook grows its internal blockchain team. Facebook’s payment service in the U.K. and France is being shut down after it failed to take off in the two countries.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

Visa Protect for Account-to-Account (A2A) Payments – Detect and reduce fraud across immediate account-to-account payments, including P2P digital wallets and QR code payments. This token can be used by the merchant’s AI models to quickly deliver recommendations. to broaden its merchant coverage network across Japan.

Product 101
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Dubai to Host 10th P2P Financial Systems International Workshop in 2024

The Fintech Times

Dubai will welcome global financial leaders, regulators and academics for the 10th P2P Financial Systems International Workshop (P2PFISY) in October. The workshop will also coincide with Dubai’s Future Blockchain Summit and GITEX, reinforcing the city’s position as a global hub for innovation in finance and technology.

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