The size of the U.S. P2P payments market is driving intense competition between financial institutions (FIs) and alternative P2P payment services.
Scottsdale, AZ
Zelle® closed the year with its strongest quarter on record with $35-billion in payments on 135-million in transactions processed – an increase of 12% and 19% quarter-over-quarter, respectively. Year-over-year payment value (4Q 2017...
Scottsdale, AZ
Early Warning Services, LLC, the network operator behind Zelle®, today released the results of its second Digital Payments Adoption Study (“study”). It found that 50% of first time P2P users are aged 45 and older. Not just for younger...
The American Red Cross knows that relief leads to recovery, and has made it their mission to help people when they need it most.
Scottsdale, AZ
Top Use Cases for Millennials, Generation X, and Boomers Driving Adoption Include Rent, Meals & Shared Utility Bills
Early Warning Services, LLC, the network operator behind Zelle, today released the results of its first Digital...
This is an updated blog that was originally published June 27, 2023.
Application fraud prevention is getting a lot of attention from banks and credit unions. For good reason.
Account opening processes are speeding up, much to the delight of consumers...
Synthetic identity fraud losses rose to an estimated $20 billion in 2020—spiking sharply from an estimated $6 billion in 20161. One of the fastest growing financial crimes in the U.S., synthetic identity fraud is now one of the nation’s leading...
Seventy-one percent of financial professionals reported that their organizations were impacted by payments fraud in 20211.
The good news? That’s the lowest level reported since 2014. After reaching a record high in 2018 and 2019 (with 80 percent of...
In the latest webinar co-hosted by Early Warning® and Nacha, we will discuss account validation beyond payment authorization. Our panel of experts will share five strategies organizations can use to deliver a frictionless multi-channel experience...
Five things financial institutions need to know about consortiums and data-driven fraud detection
Application fraud prevention isn't what it used to be. Digital account opening processes are now the norm. Fraudsters are exploiting weaknesses in traditional risk assessment systems. And financial institutions (FIs) are struggling to prevent...