peer-to-peer payments

42% of Consumers Prefer Digital Wallets for Cross-Border Payments
42% of Consumers Prefer Digital Wallets for Cross-Border Payments
April 10, 2025  |  Mobile Wallets

Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement.  This...

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MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
April 02, 2025  |  Cross-border Payments

MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers...

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Zelle Removes Ability to Send or Receive Money Through App
Zelle Removes Ability to Send or Receive Money Through App
April 01, 2025  |  Mobile Payments

The standalone Zelle app can no longer be used for sending or receiving money, and users are being invited to enroll to use the peer-to-peer...

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Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
March 04, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) reportedly dropped its lawsuit targeting the operator and three owner banks of Zelle. The regulator said in a Tuesday...

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Chase to Restrict Use of Zelle for Purchases Through Social Media
Chase to Restrict Use of Zelle for Purchases Through Social Media
February 19, 2025  |  Digital Payments

Chase told customers that it will add some restrictions on their use of the peer-to-peer payment network Zelle with Chase beginning March 23. The changes...

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Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025  |  Payment Methods

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. During 2024, American consumers and small businesses transmitted more than $1...

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44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
44% of UK Consumers Plan to Use Digital Wallets Beyond Payments
December 02, 2024  |  Consumer Insights

In recent years, digital wallets have become an essential tool for making online payments, but their uses are quickly expanding. In the U.K., nearly half...

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Zelle Reportedly Steering Users to Banking Apps
Zelle Reportedly Steering Users to Banking Apps
October 31, 2024  |  Mobile Applications

Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on...

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Early Warning: Zelle Transaction Volume Rose 27% in First Half
Early Warning: Zelle Transaction Volume Rose 27% in First Half
October 17, 2024  |  Payment Methods

The Zelle person-to-person (P2P) payments network continued growing in the first half of the year. The number of transactions sent via the network increased 27%...

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