But the social media platform may struggle to get its users on board unless it can differentiate the P2P service from its peers

Reeling from 2024’s challenges, financial institutions must embrace bold strategies in 2025 to future-proof their businesses in a landscape plagued by economic, competitive, and regulatory pressures.

While the lawsuit may not go anywhere under Trump’s CFPB, the P2P platform’s continual fraud concerns may damage its reputation

Consumer payment method choice will expand in 2025 as real-time “pay by bank,” iPhone NFC access, and digital credentials take center stage. And financial media networks will turn more payment providers into marketers.

The company used its two-sided network to capitalize on the holiday weekend

Big Tech will likely challenge the rule in court. Trump’s second term could also make the rule short-lived

Square Loans, Cash App Borrow, and Afterpay were all bright spots that should yield longer-term growth

Block has been working to grow Cash App Pay, but the buy button still trails competitors

Two US payment systems—FedNow and the RTP network—are driving real-time payments growth. New features, industry innovation, and emerging use cases will help them overcome implementation hurdles.

As younger generations use the P2P app for more of their banking needs, it’s still missing key financial services.

This could not only impact its market share in the debit card industry and cut into its margins—it may also hurt Visa’s brand in the court of public opinion

Digital wallets’ transformation into commerce enablers speeds up. We make a case for digital-only consumer credit cards. And we see a new threat that BNPL poses to credit cards.

Proximity mobile payments are on a growth tear, driven by strong spend per user. Here’s how providers are using wallet integration and new features to make proximity payments stickier.

US P2P apps need to tap new uses and services to stay competitive, especially amid Zelle’s dominance. Here’s how each app sizes up and differentiates to attract younger generations.

As consumers made more payments than ever in 2023, new trends are emerging

In the fourth of five reports in our “Payments Ecosystem” collection, we look at what’s influencing growth across P2P, remittance, bill pay, payroll, and B2B transactions—and what it means for payment providers.

The P2P payments space is deeply entrenched by competitors that have large networks of loyal users

But the company also has plans to cut costs, which will include layoffs