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US BANKS TAKE THE P2P FIGHT TO SILICON VALLEY RIVALS

US BANKS TAKE THE P2P FIGHT TO SILICON VALLEY RIVALS

More than 30 US banks and credit unions unveiled a unified person-to-person money transfer service in mid-June. Known as Zelle, the service covers around 86 million US mobile-banking customers and competes head-on with rivals such as Venmo from PayPal and Apple Pay from Apple. IN THE BANK CORNER… Zelle, whose logo is a cross between [...]

The post US BANKS TAKE THE P2P FIGHT TO SILICON VALLEY RIVALS appeared first on Payments Cards & Mobile.

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