Posts Tagged ‘Venmo’
Payment Fraud: Is it different for real-time payments?
Some things never go out of style. Like thank you notes, martinis, denim and red lipstick. While these among others have stood the test of time for good reason, others have lasted with less commendable motives. One example: payment fraud.
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Making Sense of the Ever-Changing P2P Landscape: Where To From Here?
Person-to-person. Peer-to-peer. Pal-to-pal. Define it as you will. P2P payments are taking the world by storm, and while Generation Z is the demographic cohort expecting the most significant four-year increase between 2022 and 2026, “Zoomers” can’t take all the credit for the P2P surge. The need to send money to family and friends quickly and easily is generationally agnostic. In other words, it’s not a young people thing. It’s an all people thing.
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Non-Bank Financial Institutions: What is the landscape of these payment providers?
“Non-bank financial institutions,” or NBFIs for short, are organizations without banking licenses that offer various banking services. This is a clunky way of making something familiar sound foreign or abstract. If this definition isn’t quite clicking, fear not. I bet you’re more likely to recognize an NBFI by its brand name than the generic term.
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