Application Fraud Prevention

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. But faster application processes are also driving a notable rise...

GoDaddy and Paze Partner to Help Simplify Online Checkouts

TEMPE, AZ – On a quest to eliminate abandoned online shopping carts, GoDaddy (NYSE: GDDY), the company that helps entrepreneurs thrive, and PazeSM, an online payment solution developed by Early Warning Services, LLC, are partnering to help small...

The Best Way to Prevent Synthetic Identity Fraud? Focus on Application Fraud.
The pandemic-driven rise in application fraud is leading to costly fraud losses. Effective risk mitigation relies on better identity verification.
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...

Frost Bank® Joins Early Warning® clearXchange® Network
Leading regional bank enables customers to easily send person-to-person payments
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...

Early Warning Services’ Privacy Notice for Product Research Participants
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.
Zelle® is Money in the Bank: Digital Payment Service Replaces TBT’s Oversized Check

Boston, MA

The Basketball Tournament (TBT) today announced that Zelle® is the Official Payment Partner of TBT.  Through this partnership, winners will receive TBT’s $2 million prize with Zelle®, during the award ceremony, giving winners speed and...

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...

3 Outcomes of a Holistic Approach to New Account Fraud Prevention  

Digital account openings are increasing, with 37% of all checking account applications coming through the digital channel in 2022 according to research by Aite-Novarica. But as the industry is shifting to digital, so are fraudsters. Aite’s research...

Improve check fraud detection with the power of data insights

Easier ways to send and receive payments? Check!

The need to write and send paper checks dwindling? Check!

Check fraud becoming a relic of the past?

Umm, not so much…

The reality is, check fraud shot up a mind-blowing 96% in 2022 according to the...