PYMNTS

APRIL 30, 2018

Zelle’s Security Blues. Zelle, according to some reports, has hit a bit of a security speed bump as stories emerged that hackers have used the service to clean out users’ bank accounts. The main problem at hand, according to the NYT report, is that Zelle does not always notify customers when money is transferred.

Zelle 40

Zelle FTC Federal Trade Commission P2P 40

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

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 64

Compliance AML Regulations Due Diligence 64