Peer-to-peer payments stories

Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.

OVHcloud has joined the ECB's digital euro cloud programme, providing EU-based infrastructure to support secure payment data exchange.

Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.

UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine's surge, with average victims losing more than GBP £11,000.

Viber Pay launches instant, fee-free payments and Visa virtual cards in seven European countries, integrating Paynetics' licensed payment system within its messaging app.

Banked has acquired UK app VibePay to boost Pay by Bank with new incentives, expanding presence in UK, US, Australia, and accelerating global adoption.

Pegasystems has launched enhanced generative AI and automation tools in Pega Smart Dispute to help banks manage rising payment dispute volumes efficiently.

Capgemini Research predicts instant payments will hit 22% of non-cash transactions by 2028, driven by digital wallets, P2P and eCommerce growth.

X Business is not just an app anymore, evolving to become the 'everything app' that blends experiences on a user-friendly interface, with 2024 set to bring its vision to life.