Person-to-Person Payments

Zelle, the peer-to-peer payment service launched in 2017, is testing a potential new use case with the announcement of a bill-payment pilot with Truist Financial Corp. The pilot will look at how consumers could use Zelle to pay recurring credit card bills, with the potential for other bill payments, such …

JetBlue Vacations said it will work with Flex Pay, a buy now, pay later platform, to offer monthly payment options to customers planning flight-and-hotel vacation packages. JetBlue Vacations is a unit of JetBlue Airways Corp. SpotOn Transact LLC said four hospitality operators were among new clients signed in the first quarter for …

The climb in same-day automated clearing house volume continues as 403 million of these payments were made in 2026’s first quarter, a 23.6% increase from the same quarter a year ago. Started in 2016 for credit payments only, same-day ACH volume has steadily grown, especially with the 2017 addition of …

Bill-payment platform InvoiceCloud introduced its Billing Experience, which it says relies on AI throughout billing and payments operations. The peer-to-peer payments service Zelle named 10 MBA students as recipients of the Zelle Community Development & Entrepreneurship Scholarship, which was open to MBA students at five historically Black colleges and universities. PayPal Holdings Inc.’s Venmo P2P payments …

Zelle, the peer-to-peer payment service from Early Warning Services LLC, is renewing its effort to bring more minority deposit institutions, be they banks or credit unions, into its program. Announced Monday, this year’s effort again works with credit union service organization Velera to recruit financial institutions that primarily provide services …

For years, PayPal has maintained two separate peer-to-peer payment services, though the brand it promotes most often for this capability is Venmo. But Venmo users have not been able to send money outside of the United States, limiting its utility. Now, that’s changed. Early Monday, PayPal announced a new link …

Peer-to-peer payments platform Zelle has collaborated with Bank of America to process charitable disbursements from Donor Advised Funds, enabling nonprofits to receive charitable grant funding in near real time. Zelle is a unit of Early Warning Services. Some 26% of bill-pay platforms said their systems are ready for the future, though 80% …

The Top 50 originating financial institutions handled 30.7 billion automated clearing house payments in 2025, up 4.7% from 2024, and accounted for 91.4% of the ACH Network’s total commercial payments volume, down from for 93.8% in 2024, according to Nacha, the rules-setting organization for the ACH network. The Top 50 …

Block is cutting its headcount by more than 40%, the company announced late Thursday during its fourth-quarter 2025 earnings call. The move—which will leave Block with less than 6,000 employees, down from more than 10,000—comes as the fintech posted one of its best financial performances for 2025, according to company …