P-to-P payments

The speed of money movement represents the future - success for those who deliver, challenges for those who don't

If the new Facebook Pay feels underwhelming compared to the social network's past efforts, that's by design. It's now taking a slower approach that could help overcome the privacy concerns that plagued earlier projects.

Transaction volume soared at the peer-to-peer service in the second quarter. That rising popularity among consumers, coupled with Zelle's relationships with a growing number of transaction rails, could make the network a vital hub in the U.S. push for speedier payments.

Vodafone Group hinted it could spin off its African mobile money service M-Pesa after its popularity soared through the coronavirus pandemic.

Blending its existing technology with new authentication measures, the company aims to cut costs for credit unions that don't want to join the bank-run peer-to-peer network.

The social network now lets people send links and QR codes to request funds through the Messenger app, but users may have little incentive to switch — or to trust Facebook with more of their data.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.

The PayPal subsidiary serves a more youthful and tech-savvy demographic than many of the mainstream payment companies that have already added crypto support.

The shutdown of the U.K. company's Pingit app demonstrates why even the most tech-savvy banks should collaborate with fintechs rather than go it alone.

The shutdown of the U.K. company's Pingit app demonstrates why even the most tech-savvy banks should collaborate with fintechs rather than go it alone.

The nine-year-old service predates the payments-oriented fintechs that have become popular in recent years.

Facebook’s evolving suite of shopping and payment services now includes an option to send funds to another person via Facebook Pay using a QR code.

Technology is moving forward at a pace that could push real-time payments into new settings in the near future, with several countries already using systems that could become models for the U.S.

Taking a page out of the person-to-person money transfer model, health care payments software provider Waystar has added a text messaging option for patients to pay their bills.

The amount of money repatriated by Filipinos abroad fell last year for the first time since 2001 as the pandemic upended the global job market.

JoomPay has launched a new P2P service for money transfers across Europe, operating as a socially focused spinoff of the Joom e-commerce marketplace.

Ireland is one of the few European countries without a domestic real-time bank transfer scheme, and the fintechs are rushing to fill that gap.

Many financial institutions have made initial moves into real-time payments via P2P services, and the use cases will jump over time, says Fiserv's Matt Wilcox.