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Square Cash Tests Small-Dollar, Short-Term Loans

PYMNTS

We are always testing new features in Cash App, and recently began testing the ability to borrow money with about 1,000 customers,” a CashApp spokesperson said in a statement. “We This is the latest feature Square has added to Cash App’s features beyond peer-to-peer money transfer, joining its free debit card, rewards and investing offerings.

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The 5 Best Virtual Credit Cards in 2024

Nanonets

Though we increasingly manage business expenses and routine transactions online, one payment processing segment hasn’t quite fully caught up to the times – physical credit cards. What is a Virtual Credit Card for Businesses? Oftentimes, your virtual credit card is linked to a physical card.

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How Zelle Protects Users Against Scams And Frauds With AI, Analytics

PYMNTS

Gone are the days of diners handing waiters a stack of credit cards to split a bill, and instead seamless money transfers occur in a matter of seconds. It is no wonder that payment apps like CashApp , Venmo and Zelle are used by more than 70 percent of Americans. Venmo users alone lost more than $40 million in 2018.

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How to Manage Recurring ACH Payments in QuickBooks

Nanonets

Examples include direct ACH payments for utility bills, to a friend as an alternative to wire transfers, and to your credit card company to pay your monthly statement. Other apps: A range of mobile payment processing apps give on-the-go flexibility and ease of use, including Venmo, PayPal , and CashApp.

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Orchestration to Fight the Crescendo of Scams and Fraud

FICO

More broadly, there are a multitude of ways to use fraud decisioning strategies for scam detection , by applying specific analytics to applications for credit, debit card activity, credit card activity and retail bank activity, as well as customer demographics. P2P like Zelle, PayPal, Venmo, CashApp).

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