Tag: Venmo

Retail Banking

CVS to introduce PayPal and Venmo QR code payments

July 31, 2020

Via: Finextra

From the fourth quarter, shoppers will be able to scan a QR code on their phones to pay using stored debit or credit cards, bank accounts, PayPal balance, PayPal Credit, Venmo balance or Venmo Rewards. The integration with CVS Pharmacy […]


Consumers Use Mobile Banking, Just Not for Money Transfers

February 17, 2017

Via: Bank Innovation

Despite all the digital efforts from financial institutions, consumers still don’t make use of their in-app money transfer functions. According to the February Monkey Insights report released by Malauzai Software, 100% of active users on mobile check their balance, but […]


Wells Fargo Mobile App Still In Google Plays Top 10, Despite $185M Fine

September 15, 2016

Via: Bank Innovation

It shouldn’t be a surprise to seeCredit Karma’s mobile app in this week’s top slot for finance apps on Google Play—finance-wise, that seems like the app to beat—but what is a little surprising is the continued reign of Venmo on the […]

Capital and Risk, Credit

Millennials Actually Trust Traditional Banks More than Venmo

August 24, 2016

Via: Bank Innovation

No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials. The millennial desire for speed, […]