Do Community Banks Really Need Zelle? | Bank Innovation

Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to be. “P2P payments are significantly up this quarter, like 250% up,” Robb Gaynor, general manager digital banking for Malauzai, a Finastra …Read More

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