ACH Payments Fraud is on the Rise: How to Use Big Data Analytics to Prevent Costly Attacks

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...

Zelle® Study Finds Growing Use of Digital Payments Across Generations

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...

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...
How to Verify CARES Act Economic Impact Payments Checks
With an estimated 5 million checks per week being distributed to taxpayers, here are a few things to keep in mind.
Nearly Half a Trillion Dollars Sent by Consumers and Businesses with Zelle® in 2021
Today, consumers of nearly 10,000 financial institutions—an increase of 3,000 financial institutions within the past year—participate in the Zelle Network®, whether accessing Zelle® through their financial institution’s mobile banking app or enrolling their debit cards in the Zelle® app.
Zelle Network® Exceeds One Billion Payments in 12 Months, Setting a New Record for the Payments Network
"Today, more than 1,000 banks and credits unions are currently contracted to participate on the Zelle Network®, including 731 that are live today and processing transactions,” said Al Ko, CEO of Early Warning Services, LLC.
Citi Joins Early Warning’s clearXchange® Network
Bringing real-time P2P payments to Citi customers in the United States
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.
Implementing Zelle® to Create an Integrated Payments Experience

By Ian Macallister, Head of Customer Success

Many financial institutions (FIs) understand that offering person-to-person (P2P) payments has become table stakes as more and more consumers are demanding an easy, safe, and fast way to make payments...

Make Room Millennials, Zelle® Study Finds Generation X and Boomers Driving Broader Adoption of Person-to-Person (P2P) Payments

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...

Part 4: Levvel Shares Top Architecture Considerations for Zelle®
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.
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 soars with $806 billion transaction volume, up 28% from prior year
Zelle soars with $806 billion transaction volume, up 28% from prior year 120 million consumer and small business accounts used Zelle® in 2023
Financial Institutions Joining the Zelle Network® Increased by 40% in 2022

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...