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

Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
October 31, 2022  |  Payment Methods

Ubiquity and choice are the digital promised land. How we get there from here will be a matter of securely opening the payments ecosystem to...

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Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
September 23, 2022  |  Regulation

On Capitol Hill, by now the cast of characters — and the flash points — are familiar. The CEOs of the nation’s largest banks have,...

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Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
September 16, 2022  |  Fintech Investments

Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire...

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Zelle Says It’s Processed 5 Billion Transactions in 5 Years
Zelle Says It’s Processed 5 Billion Transactions in 5 Years
September 08, 2022  |  Digital-First Banking

Digital payments network Zelle has been in a lot of hot water lately over alleged fraudulent transactions and the blame game. While there’s no resolution,...

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PayPal: BNPL Volumes Surge 226% Year on Year  
PayPal: BNPL Volumes Surge 226% Year on Year  
August 02, 2022  |  Earnings

PayPal’s most recent earnings results spotlight the continued digital shift, as active user counts eclipsed pre-pandemic levels.   And buy now, pay later (BNPL) volumes...

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Payrailz, Q2 Team on P2P Payments for Banks, Credit Unions
Payrailz, Q2 Team on P2P Payments for Banks, Credit Unions
June 06, 2022  |  Payment Methods

Digital payments company Payrailz is partnering with Q2’s digital banking platform to provide banks and credit unions with improved payment experiences, according to a press...

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Google’s Bill Ready: Virtual Cards, New Wallet Create Passports, Pathways for Push Button Commerce
Google’s Bill Ready: Virtual Cards, New Wallet Create Passports, Pathways for Push Button Commerce
May 12, 2022  |  Payment Methods

The connected ecosystem moves beyond promise into reality when we have every piece of our digital lives easily accessible, easily retrieved and used. Bill Ready,...

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Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
April 14, 2022  |  International

Renesas Electronics Corp., a provider of advanced semiconductors, has decided to donate €1 million to UNHCR, the UN High Commission for Refugees, to help support...

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One-Third of US Shoppers Made Online Retail Purchases in December
One-Third of US Shoppers Made Online Retail Purchases in December
January 03, 2022  |  Consumer Finance

United States consumers spent a collective $556 billion on groceries, food, retail and travel in December 2021 as they rushed to take advantage of last-minute...

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