Monthly Archives: September 2020

P2P Payments: A Balancing Act Between Ease-of-use And Compliance

Tobias Bumm/ September 28, 2020/ Uncategorized

Peer-to-Peer (P2P) payments are increasingly popular for their simplicity, speed, and global reach. Unfortunately, this also attracts financial crime. But often the responsibilities to fight crime is vaguely split between banks and payment intermediaries. However, both parties are under constant pressure to improve. Not just to keep up with the criminals, but also to keep up with regulators. Overall, the use of P2P payments will most likely increase in the future and therefore trust is crucial for its success.