Learn about how FIs can stay one step ahead of fraudsters with new tools and techniques to better protect consumers.

by Eric Foust

 

The COVID-19 pandemic spurred large corporations and small businesses alike to double-down on their plans for adopting real-time payments. It also created a prime opportunity for financial criminals. Indeed, faster payments mean...

Got questions about KYC compliance requirements? Consider this your crash course! In this brief but informative post, you’ll learn everything you ever wanted to know about KYC but were afraid to ask. Ready? Let’s go!

1. What does KYC stand for?

KYC...

Bringing real-time P2P payments to Citi customers in the United States
In Q4 2019, the Zelle Network® processed 230 million transactions, totaling $56 billion in money sent — an increase of 14% and 17% quarter-over-quarter, respectively.
Scottsdale, AZ

 

In the first quarter of 2018, more than $25 billion moved through the Zelle Network®, up 15 percent quarter-over-quarter (QoQ), on 85 million transactions, up 14 percent QoQ.

Zelle® is replacing cash and checks for sending gifts...

New York, NY

 

Utilization of Early Warning's clearXchangesm network facilitates payments using recipients' mobile numbers or email addresses. BNY Mellon, a global leader in investment management and investment services, today announced that BNY...

Scottsdale, AZ

Network Growth: More than 1,800 financial institutions live today – 97% of FIs that joined the Zelle Network® in the last year have under $10 billion in assets. Transactions Climb: Consumers and businesses sent 2.3 billion payments...
Zelle soars with $806 billion transaction volume, up 28% from prior year 120 million consumer and small business accounts used Zelle® in 2023
Operating a person-to-person (P2P) payments network in the United States gives us a front row seat to how financial institutions are moving into the digital age.

With over 60% of Americans now using digital banking1, financial institutions have had to grapple with how to deliver frictionless, multi-channel customer experiences while still protecting against fraud and account abuse.

Data intelligence enables...

Charlotte, NC

Levvel and Early Warning Services, LLC, the network operator behind Zelle®, today announced an agreement establishing Levvel as an official professional services provider for the Zelle Network®

This agreement provides Zelle Networkpa...

Zelle® and Oprah Daily have teamed up to give back to deserving teachers during two special episodes of Oprah Daily’s series, The OG Chronicles. As a show of appreciation for all these teachers do, Zelle® is sending monetary giveaways directly into their bank accounts.

Scottsdale, AZ

Early Warning Services, LLC, the network operator behind Zelle®, today announced $49 billion was sent through the Zelle Network® on 196 million transactions during Q3 2019. Year-over-year payment values increased by 58%, while...