FICO

MAY 1, 2020

I’m not big on reading tabloid confessions at the grocery checkout, but as a payments professional, I have a shocking admission to share: I am a late bloomer in adopting mainstream person-to-person (P2P) payment apps like Venmo, Cash App (owned by Square), Snapcash and a slew of others. And how will banks increase their fraud protections?”.

P2P 69

P2P Venmo Online and Mobile Banking PayPal 69

The Fintech Times

DECEMBER 28, 2023

If I preferred to use PayPal when purchasing a new laptop, the bank couldn’t stop me from linking my card to my PayPal account. If you are an iPhone user, no chance to pay for your groceries via your PayPal or Venmo app. Google has not yet done so, but Apple has.

CHIPS 108

CHIPS Credit Cards PayPal Non-Bank 108

Payment Savvy

NOVEMBER 8, 2022

The main types of EFT include banking, mobile banking (such as Venmo, Stripe, and Paypal), digital wire transfers, and transferring between bank accounts. For example, if you are transferring funds through Paypal, the funds will show in the recipient account within seconds of transferring. ACH VS EFT Payment Times.

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

OCTOBER 5, 2016

As one might expect of a financial product that has so rapidly become so widely popular, the prepaid card industry managed to catch the attention of the Consumer Finance Protection Bureau, which has been considering new regulations for some time that would create “strong federal consumer protections for prepaid account users.”

CFPB 75

CFPB Rules PayPal Debit Card 75

The Fintech Times

JULY 31, 2024

“It’s trendy at the moment for nonprofits to raise funds, and collect payments and dues on P2P payment apps like Venmo , Zelle , PayPal etc. “Adhering to stringent data protection laws is a primary challenge. With growing reliance on big data and AI, ensuring customer information privacy and security is crucial.

Compliance 65

Compliance AML Regulations Due Diligence 65

PYMNTS

APRIL 30, 2018

The P2P payments services was a move by banks to stay current and caught up with the major tech players who have planted a flag in P2P payments (PayPal/Venmo) or that are attempting to do so (Apple). Reilly Dolan, acting director of the FTC’s Consumer Protection unit.

Zelle 40

Zelle FTC Federal Trade Commission P2P 40