Post Tagged with: "Venmo"

Circle, Square, and Venmo Tie Into Siri & iMessage

Circle, Square, and Venmo Tie Into Siri & iMessage

by September 20, 2016 at 11:44 am 0 comments

With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of payments apps on Apple’s newly platformized apps are: Venmo, the P2P payments platform from PayPal; Square Cash, from mobile payments serviceRead More

Wells Fargo Mobile App Still In Google Play’s Top 10, Despite $185M Fine

Wells Fargo Mobile App Still In Google Play’s Top 10, Despite $185M Fine

by September 14, 2016 at 10:18 am 0 comments

It shouldn’t be a surprise to see Credit Karma’s mobile app in this week’s top slot for finance apps on Google Play—finance-wise, that seems like the app to beat—but what is a little surprising is the continued reign of Venmo on the iOS side. PayPal’s P2P service app is on aRead More

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

by September 6, 2016 at 1:48 pm 1 comment

Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More

Venmo Beats the Banks To Win Top Spot Among iOS Finance Apps

Venmo Beats the Banks To Win Top Spot Among iOS Finance Apps

by September 1, 2016 at 11:11 am 2 comments

No matter what time of year or how the economy is, mobile app users are concerned with their credit. How else to explain the continuing reign of Credit Karma atop the finance mobile app heap? But the real surprise may be that PayPal’s P2P app Venmo is top dog amongRead More

Zelle Power: Thoughts Behind the EW Re-Branding

Zelle Power: Thoughts Behind the EW Re-Branding

by August 30, 2016 at 9:42 am 1 comment

I would imagine — having never actually done either — that naming a company is like naming a baby: you want a name that stays true to your goals and values, quickly evokes a positive response from others, and carries the internal potential to rule supreme over all of theRead More

The Fintech Threat Is Real

The Fintech Threat Is Real

by August 30, 2016 at 9:00 am 2 comments

It may come as a surprise to many of us that consumers are generally satisfied with their banking relationships. However, this doesn’t mean that banks have nothing to worry about. Alternative providers and FinTech companies present a double-edged risk to traditional banks. First, there is the eminent danger of aRead More

Millennials Actually Trust Traditional Banks More than Venmo

Millennials Actually Trust Traditional Banks More than Venmo

by August 23, 2016 at 10:01 am 3 comments

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials. The millennial desire for speed, ease, and efficiency has been remarked upon almost exhaustively in fintech,Read More

Fiserv, PayPal and Square Join Visa Direct Realtime Network

Fiserv, PayPal and Square Join Visa Direct Realtime Network

by August 5, 2016 at 11:50 am 2 comments

The ubiquity of realtime money transfers in the U.S. took a step forward with yesterday’s news that Visa Direct was partnering with such major players as PayPal, Fiserv, and Square. Fiserv became one of the many companies choosing to partner with Visa for faster and more secure payment services, it wasRead More

MasterCard and Visa Join ClearXchange Realtime Payments Network

MasterCard and Visa Join ClearXchange Realtime Payments Network

by August 2, 2016 at 4:41 pm 7 comments

Realtime has gone prime time with the addition of Visa and MasterCard to the clearXchange payments network. Today, Early Warning, which owns clearXchange, expanded its realtime payments network by adding both the Mastercard Send and Visa Direct platforms, a move that will allow nearly every U.S. debit card holder to send andRead More

Venmo Will Soon Be Larger Than Any Bank P2P Service

Venmo Will Soon Be Larger Than Any Bank P2P Service

by August 1, 2016 at 12:38 pm 6 comments

July’s PayPal earnings call talked quite a bit more about Visa than Venmo, but while the consequences of the Visa deal are still unknown, Venmo’s numbers are already known, and they look great. Specifically, Venmo processed $4 billion in transactions in Q2, compared with $3.2 billion the quarter previous. This isRead More