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Zelle: The Role Of AI In Stopping COVID-Related P2P Payment Scams

PYMNTS

Fighting these threats requires an equally wide range of defenses, says Jamie Armistead, Zelle vice president. Peer-to-peer (P2P) payment apps like CashApp , PayPal , Venmo and Zelle are especially popular targets for financial crime, with fraud attacks against these apps increasing by 733 percent since 2016. About The Playbook.

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The Digital Payments Preferences That Cross The Generational Divide

PYMNTS

Payments can have a social component, he said, where divvying up a dinner bill can be done through Venmo or Zelle or other peer-to-peer (P2P) options. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control.

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Fighting Scams and Authorized Push Payment Fraud in the US

FICO

Senator Elizabeth Warren, (D-MA) pointedly asked him about the number of fraudulent transactions Chase was seeing on the P2P payment platform Zelle. On one side, there are regulators concerned about the perceived growth of scam losses through popular P2P payments apps like Zelle, Venmo and CashApp.