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
Post Tagged with: "Popmoney"
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
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
Citibank’s new ad for its mobile payments app features some whiny teenagers.
TD Bank, the nation’s 10th-largest bank by assets, has chosen Fiserv‘s Popmoney money movement service for its retail banking customers. The news was announced by the bank Monday. It’s about time TD added a person-to-person (P2P) payments option. P2P payments are table stakes today. The TD win adds another largeRead More
Kantox is looking to help users avoid the burn of high fees and long waits associated with foreign currency exchange by employing a person-to-person (P2P) platform to directly exchange one currency for another. A source in Europe told Bank Innovation that Kantox is raising another round of funding. Company officials declinedRead More
Jim Cramer may be the host of CNBC’s “Mad Money,” but that doesn’t mean he is up to date on the latest trends in financial services. Here, he is learning about P2P — which can stand for person-to-person or peer-to-peer — payments. Mentioned in the video are Venmo, now owned byRead More
Financial services technology provider Fiserv has added its Popmoney person-to-person (P2P) payments product to its Mobiliti mobile banking platform, the company announced last week. Customers that use the whitelabeled Mobiliti product will now be able to make P2P payments from within their bank accounts. Popmoney was originally an offering ofRead More
Fiserv has won the deal to provide its Popmoney peer-to-peer payments product to Ally Bank‘s new mobile banking platform. Ally officials told Bank Innovation yesterday that it has decided to install Popmoney for P2P payments on the bank’s mobile banking platform. Ally, which already has deployed Popmoney online, will add PopmoneyRead More
At Fiserv, 2013 is spelled M-O-B-I-L-E. Next year, Fiserv, which provides financial services technology to more than 16,000 institutions and generated revenue of about $1.1 billion last quarter, will push even harder into mobile financial services, Steve Shaw, vice president of strategic marketing for the company’s Digital Channels & Electronic PaymentsRead More