Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments practice, went deeper on another important topic - fraud management.

The best inline decisioning solutions will utilize transactional data, historical/behavioral data, and external data from sources like the mobile network providers.

Once the receiving financial institution (FI) has validated an incoming Zelle® payment against all applicable velocity, fraud, and account disposition checks, funds will be transferred to the recipient’s banking account.

New York & Scottsdale, AZ

Bank of America and PNC Bank first to send Zelle® payments over the RTP® network

Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP®...