P-to-P payments

Host Brett King talks to Bill Barhydt of Abra and Shachar Bialick of Curve.

In order for Apple to achieve significant success with its upcoming P-to-P service, the tech titan needs to expand the amount of people who can use the payments feature.

This morning it was announced that Fiserv is to acquire UK mobile payments veteran Monitise for 70 million pounds ($88.72 million). This is quite a bargain considering that at its peak, Monitise was valued at around 2 billion pounds. But beyond the firesale price tag, what exactly does Fiserv get out of this?

The financial institution-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. FIs. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.

The bank-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. financial institutions. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.

This morning the bank owned P-to-P network, Zelle, is formally going live, enabling direct transfer of funds across thirty U.S. financial institutions over the course of the next twelve months. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and its parent company PayPal — but Zelle may not be aiming to take them head-on just yet.

Consumers who use person-to-person payment apps are twice as likely to hold a prepaid card, but the two payment methods are not always interchangeable.

Apple’s announcement of its upcoming launch of P-to-P capabilities was no surprise. But the details should come as a shock to many of the banks that have bent over backwards to support Apple Pay on Apple's strict terms.

Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem.

Apple formally announced the debut of its rumored Venmo-like P-to-P service, and as with anything Apple-related, it's deeply embedded into the overall Apple ecosystem.

The millennial generation — defined by some as consumers 18 to 36 years old — has shifted the expectations for how banks and retailers approach payments. Here are some of the trends driven by this tech-savvy demographic.

As with anything high-tech, early predictions held that millennial men would be first to adopt mobile wallets. But two new research studies are casting doubt on the assumptions about the roles gender and age are playing in the mobile payments adoption curve.

Singapore’s Oversea-Chinese Banking Corp. (OCBC) will soon expand acceptance of its person-to-person mobile payments app to local merchants.

PayPal has worked to build support from retailers and consumers, positioning it well in the competitive e-commerce game, writes Lauren Freedman, senior vice president of digital strategy at Astound Commerce.

One of the potential benefits is peer-to-peer connectivity, which could spark P-to-P and other types of digital transfers.

Innovators offer speed, but banks retain customer relationships and a vast product range that can add services to payments.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

Apple Inc. may wish to launch a person-to-person money-transfer service to rival Venmo, according to a new report.

Consumers are comfortable with push payments, which makes them a good fit to boost usage of digital wallets and other mobile payment options.

Facebook is enhancing is transaction technology as payments increase in popularity on messaging apps.