Venmo Revenue Growth Exceeds Analysts’ Predictions for Q1
PayPal‘s P2P service Venmo has exceeded analysts’ first-quarter estimates in two key areas: annual revenue run rate and number of ...
Tag: Zelle
Zelle Reports Record High Payment Value, Volume in Q1
Zelle, the P2P payments service run by Early Warning Services LLC, reported $39 billion in transaction value for the first ...
BofA Opening More Financial Centers to Support Digital Strategy
While many banks are shutting down branches, Bank of America is adopting a “high-tech, high-touch” strategy, which will result in ...
Gen X and Boomers, Not Millennials, Drive P2P Adoption
Generation X and baby boomers, not millennials, are driving adoption of P2P services like Zelle, according to a survey conducted ...
Bank Innovation’s Top 3 Posts in February
With big-money deals, product rollouts, and a busy earnings season to boot, it is perhaps no surprise that a merger ...
Jack Henry Slow to Deploy P2P Service Zelle to Credit Unions
Core processor Jack Henry & Associates might have signed a deal with Zelle‘s parent company Early Warning in 2016, but ...
Alliant Credit Union Could Become the First Digital-Only CU in the U.S.
Alliant Credit Union, one of the nation’s largest CUs, is fully digitalizing its end-to-end member application and loan process by ...
Is Consumer Choice as Much a Factor as Speed in Payments Innovation?
Ingo Money CEO Drew Edwards said instant availability and usability of funds is all but expected across the payments space ...
Fiserv Enjoying Zelle’s Growth While Expecting More
Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking ...
Zelle’s Value to Banks Beyond P2P
Bank-backed Zelle is valuable to banks for its P2P service and the market data it gathers from working with multiple ...
