Payments News

On The Web

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Domains

What’s Wrong With Your Venmo Account, and How to Fix It

“Few social-media experiences have made me cringe more than viewing my “friend” list on the peer-to-peer payment app Venmo for the first time. Seeing the names of people I’d been on dates with years ago was jarring. Seeing someone I’d blocked on Facebook was unsettling. Seeing names I didn’t recognize and couldn’t find in my contacts was […]
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On The Wires

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Domains

Holiday’s Most Wanted: Money

“Early Warning Services, LLC, the network operator behind Zelle, today released the results of its Holiday Survey. Scrooges and humbugs beware: the national survey found that nearly 50% of those surveyed plan to give money this holiday season, while the majority (58%) prefer to receive money as a gift. With Zelle, you can send and receive money with people […]
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Domains

More Financial Institutions Join Zelle Network via Fiserv

“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a growing number of financial institutions are enhancing their person-to-person (P2P) payment capabilities by joining the Zelle Network® via Fiserv. Bank of the West, Comerica Bank, Dollar Bank, Navy Federal Credit Union, and Zions Bancorporation, N.A. are among the most recent […]
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Companies

Zelle Network® Announces $32 Billion, 116 Million in Payments for Q3 2018

“During Q3 2018 (July – September), 116 million transactions took place on the Zelle Network® for a total of $32 billion in payments. Transaction volume increased 16% quarter-over-quarter (QoQ), and total money moved increased 13%. Financial Institution (FI) participants contributed to an enrollment increase of 10% QoQ, resulting in more than 75 million tokens—mobile numbers or email addresses— across the […]