P2P payments

Cash App Exiting UK to Increase Focus on US
Cash App Exiting UK to Increase Focus on US
July 18, 2024  |  Payment Methods

Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...

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5 Big Ideas: Making the Case for Instant Payments
5 Big Ideas: Making the Case for Instant Payments
June 19, 2024  |  Faster Payments

In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal...

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Apple’s Tap to Cash Lets Users Pay By Touching iPhones
Apple’s Tap to Cash Lets Users Pay By Touching iPhones
June 11, 2024  |  Apple

Apple’s new iPhone update will include a new way for users to transmit funds. In addition to the various AI announcements the tech giant made...

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Making Sense of the Cost of Cash for Businesses
Making Sense of the Cost of Cash for Businesses
June 07, 2024  |  News

Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with...

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Mastercard Unveils P2P Pilot for Crypto Credential Tool
Mastercard Unveils P2P Pilot for Crypto Credential Tool
May 29, 2024  |  Cryptocurrency

Mastercard has introduced what it calls a “milestone” update to its Crypto Credential tool. For the first time, the company announced Wednesday (May 29) crypto...

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Lydia Launches European Banking Super App Called Sumeria
Lydia Launches European Banking Super App Called Sumeria
May 15, 2024  |  Digital-First Banking

French payments app Lydia has launched a European banking super app called Sumeria. The company will invest more than €100 million and hire 400 people in...

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Less Than Half of FinTech Banks Let Consumers Make P2P Payments
Less Than Half of FinTech Banks Let Consumers Make P2P Payments
May 10, 2024  |  Digital Payments

FinTechs must make money mobility a top priority if they want to woo consumers away from traditional banks. While PYMNTS Intelligence’s data confirms FinTechs have...

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Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
April 24, 2024  |  Consumer Insights

Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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