{"id":16990,"date":"2023-02-17T13:05:36","date_gmt":"2023-02-17T13:05:36","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16990"},"modified":"2023-02-17T13:05:36","modified_gmt":"2023-02-17T13:05:36","slug":"why-banks-created-zelle-video","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/why-banks-created-zelle-video\/","title":{"rendered":"Why Banks Created Zelle [Video]"},"content":{"rendered":"<p>Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up in the last decade. While the initial attempts of big banks to compete in this space failed, the seven-bank platform Zelle found success. Now, a rise in reported fraud activity and allegations that banks aren\u2019t supported fraud victims has got the attention of the United States Congress. Watch this video to learn about why banks created Zelle and whether the app can hold its own in the competitive peer-to-peer payment space.<\/p>\n<p><iframe loading=\"lazy\" title=\"Why The Big Banks Created Zelle\" width=\"618\" height=\"348\" src=\"https:\/\/www.youtube.com\/embed\/Y2OFq46-6T0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16990 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BIS Analysis of Stablecoins and Regulatory Challenges'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bis-analysis-of-stablecoins-and-regulatory-challenges\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/07\/cad36cd7-b1bd-3e35-3356-ad1ad56656c61-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17606\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17606'>\n\t\t\t\tBIS Analysis of Stablecoins and Regulatory Challenges\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='6 startups that will reshape wealth management'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/6-startups-that-will-reshape-wealth-management\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/09\/6-startups-that-will-reshape-wealth-management-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13650\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13650'>\n\t\t\t\t6 startups that will reshape wealth management\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='State of FinTech in the 2nd Quarter of 2021'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/state-of-fintech-in-the-2nd-quarter-of-2021\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/07\/424e3e8a-1b01-c831-39a9-9c2e430345961-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16192\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16192'>\n\t\t\t\tState of FinTech in the 2nd Quarter of 2021\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Competition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up in the last decade. While the initial attempts of big banks to compete in this space failed, the seven-bank platform Zelle found success. Now, a rise in reported fraud activity and allegations that banks aren\u2019t supported fraud victims has &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16,367],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16990"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16990"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16990\/revisions"}],"predecessor-version":[{"id":16993,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16990\/revisions\/16993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16991"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}