Post Tagged with: "P2P"

ClearXchange Runs the Table by Signing Citigroup

ClearXchange Runs the Table by Signing Citigroup

by September 30, 2016 at 11:01 am 0 comments

ClearXchange has racked up an impressive series of wins in recent months, bringing several major banks live on its realtime payments network. But this week it may have scored its biggest win of all — signing longtime holdout Citigroup. ClearXchange’s client roster already includes the nation’s largest banks: JPMorgan Chase,Read More

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

by September 23, 2016 at 11:46 am 0 comments

Earlier this week it was announced that HomeSend—a joint venture of Mastercard, eServ Global, and BICS that works to ease cross-border or cross-network transfers—partnered with the Commercial Bank of Ethiopia to launch a new remittance program in the country. Remittance is estimated to be a $3.5 billion—with a B—market inRead More

3 Startups to Watch: Cookies, Blendle, Neighborly

3 Startups to Watch: Cookies, Blendle, Neighborly

by August 17, 2016 at 11:58 am 0 comments

So many startups, so little time. This week, these three fintech startups stand out from the crowd for a variety of reasons: one is the first P2P lending app for Germans (a notably cash-loving country); another is a journalism micropayments platform designed to put readers first; and the last isRead More

Top 5 Fintech Raises: Fusion Microfinance, Outfittery, UpGuard

Top 5 Fintech Raises: Fusion Microfinance, Outfittery, UpGuard

by August 15, 2016 at 2:24 pm 2 comments

“Wow, all of this funding, and not a fintech company in sight”—there’s a sentence you won’t be hearing from investors for a good while.  There are so many fintech ventures out there, investors are hard-put to choose. This week, they’ve opted for all-female microfinance, German personal shopping platforms, and peer-to-peerRead More

ClearXchange Partnership Reinvigorates Popmoney

ClearXchange Partnership Reinvigorates Popmoney

by August 8, 2016 at 5:09 pm 2 comments

The two leading providers of realtime bank-based peer-to-peer payments solutions have joined forces. Last week, Fiserv, which operates the P2P solution Popmoney, and Early Wanring, the owner of clearXchange, announced a strategic alliance that connects thousands of banks and millions of bank customers in a realtime money transfer system. Together, FiservRead More

Chase to Launch Its Own P2P App

Chase to Launch Its Own P2P App

by July 15, 2016 at 11:21 am 1 comment

JPMorgan Chase & Co. building a peer-to-peer payment app featuring its QuickPay service, which is tied into the clearXchange network, CEO Jamie Dimon announced yesterday. Dimon did not say when the app would be launched, only that it “will be rolled out shortly.” Interestingly, Dimon seemed to indicate that JPM would make theRead More

Realtime Network Grows with Addition of Capital One

Realtime Network Grows with Addition of Capital One

by July 11, 2016 at 11:42 am 1 comment

Capital One will be the fifth bank to go live with realtime peer-to-peer payments on the clearXchange network, it was announced this morning. Capital One 360 customers can currently receive realtime payments from other banks in the network, which now includes Bank of America, JPMorgan Chase, U.S. Bank, and, most recently,Read More

Amazon Alexa, Facebook Messenger on Wells Fargo’s Roadmap

Amazon Alexa, Facebook Messenger on Wells Fargo’s Roadmap

by July 7, 2016 at 11:35 am 3 comments

Wells Fargo & Co. is keeping busy on the digital payments front this summer. In late May, the bank announced it will launch a mobile wallet in the coming months. Last week, the bank joined the clearXchange realtime payments network, and will offer instant P2P payments starting August 1. Ahead of theRead More

Citi Appears to Be Pursuing Deal with Square Cash

Citi Appears to Be Pursuing Deal with Square Cash

by June 29, 2016 at 10:51 am 6 comments

Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. Square Cash was launched by Square in 2013 for P2P payments. The service is available in the U.S., and for both personal orRead More

Chase 3rd Bank to Launch Realtime ClearXChange Payments

Chase 3rd Bank to Launch Realtime ClearXChange Payments

by June 14, 2016 at 5:10 pm 3 comments

Three banks are now live with realtime peer-to-peer payments on the ClearXchange network: U.S. Bank, Bank of America, and as of yesterday, JPMorgan Chase. U.S. Bank and Bank of America joined the realtime network in March. P2P payments were realtime within Chase since 2012, but now they are realtime amongRead More