PYMNTS-MonitorEdge-May-2024

P2P

Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the application. They are said to form a peer-to-peer network of nodes.

Source: en.wikipedia.org

Trending: The Rise Of Instant Payments In Lending
Trending: The Rise Of Instant Payments In Lending
November 01, 2019  |  Disbursements

More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need...

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Chinese Regulators Move To Shutter P2P Lenders
Chinese Regulators Move To Shutter P2P Lenders
October 31, 2019  |  Regulation

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31)....

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Venmo Card Now Offers Cash-Back Rewards
Venmo Card Now Offers Cash-Back Rewards
October 29, 2019  |  Payment Methods

Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo...

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FundingSecure British P2P Lender Faces Collapse
FundingSecure British P2P Lender Faces Collapse
October 24, 2019  |  Loans

U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months....

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PayPal Active User Base Grows 16 Pct, Hits 295M
PayPal Active User Base Grows 16 Pct, Hits 295M
October 23, 2019  |  Earnings

PayPal reported third-quarter results Wednesday that showed continued growth in peer-to-peer (P2P) transactions and customer engagement — and the firm passed a monthly billion-transaction milestone....

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Why Payments Is Bringing More Adventure To Travel
Why Payments Is Bringing More Adventure To Travel
October 18, 2019  |  Travel Payments

Travel today is much more than backpacks and hostels (those were the days), beaches or amusement parks and free buffet breakfasts at the hotel (along...

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Online Marketplaces Vie For The Shared Parking App Crown
Online Marketplaces Vie For The Shared Parking App Crown
October 15, 2019  |  Payments Innovation

Many startups desire to be the Ubers or Airbnbs of their respective industries, but taking these crowns means facing fierce competition from other services. Becoming...

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The Rise of Shared Parking In The Platform Economy
The Rise of Shared Parking In The Platform Economy
October 14, 2019  |  Payments Innovation

With 225 million U.S. drivers, parking can be a tight squeeze. Of course, marketplaces are vying to solve the parking problem — but enticing drivers...

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