Helping Corporate Customers Mitigate Fraud: How Financial Institutions Are Planning for the Rise in Real-Time Payments and Disbursements

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...

Technology For Good: How the American Red Cross Disbursed Emergency Aid with Zelle®
The American Red Cross knows that relief leads to recovery, and has made it their mission to help people when they need it most.
Consumers and Businesses Trust Zelle® to Send and Receive High Dollar Transactions in Q3 2021
Early Warning Services, LLC, the network operator behind Zelle®, announced its Q3 2021 transaction results highlighted by year-over-year increases across Zelle® Small Business and Disbursements with Zelle®. Overall, the network processed $127 billion on 466 million transactions in Q3 2021.
Consumers and Small Businesses Significantly Increase Use of Zelle® In 1st Half Of 2020
In the first six months of 2020, $133 billion on 519 million transactions was sent through the Zelle Network®. Read how consumers used Zelle® to share costs for utilities, pay rent, give gifts, send charitable donations, and money to friends and family in need as well as receive disbursements
Zelle® Reaches Five-Year Milestone with More than Five Billion Safe, Secure Transactions

Scottsdale, AZ

Five in Five: Five billion+ transactions and nearly $1.5 trillion have moved across the network since 2017. Safe Payments: More than 99.9% of payments are sent without any report of fraud or scams. Widespread Adoption by U.S...
Zelle® Returns to Money20/20
Scottsdale, AZ

 

Zelle® Returns to Money20/20 with a Surge in Network Payments. A year after its unveiling at Money20/20, Zelle returns to the “Ball” with significant momentum behind its banking industry-led, real-time mobile payments network...

Reduce Risk by Using ACH Account Validation or Name Matching

Enhance your company’s consumer experience while decreasing potential misdirected payments, and confidently validate account ownership and status in real-time. In this customer use case, SafeHome has two ways to fulfill its customer’s claim.

 

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Zelle® Moves $75-Billion in 2017
Scottsdale, AZ

 

Zelle today announced $75-billion in money moved in 2017 across its payments network, as millions of consumers reduced their dependence on physical checks and cash, and took part in the digital "new way to pay."

In 2017, the $75...

Zelle® Closes 2020 with Record $307 Billion Sent on 1.2 Billion Transactions
Scottsdale, AZ, February 2, 2021 – Early Warning Services, LLC, the network operator behind Zelle®, today announced record payment volume and value in 2020 with 1.2 billion transactions, totaling $307 billion sent — an increase of 58% and 62% year-over-year, respectively. Four hundred and fifty-seven new financial institutions also joined the Zelle Network® in 2020.
Using Enhanced Insights to Help Prevent Synthetic Identity Fraud

Synthetic identity fraud is the fastest-growing financial crime in the country, and by appearing and acting like legitimate accounts, these identities are challenging for banks, credit unions and other organizations to detect.

Companies across all...

How Early Warning Works: Helping Financial Institutions Open More Accounts, Mitigate Fraud and Move Money
For over 30 years, Early Warning has been innovating to move banking forward. Learn more about Early Warning and our products work.
Early Warning® to Expand Reach of clearXchange® with Visa Direct

San Francisco, CA

 

Person-to-person payments on clearXchange will be available to almost every debit card in the U.S.

Early Warning, the industry leader in real-time payments, authentication and risk mitigation, today announced it has signed an...