Nearly 1700 financial institutions (FIs) signed on to the Zelle Network®, representing 74% (577 million) of all U.S. DDA accounts
Credit unions and banks under $10 billion in assets are driving growth, representing 40% of FIs in the Zelle Network®
Small businesses and consumers sent 436 million payments worth $120 billion with Zelle® in Q2 2021
Scottsdale, AZ — Early Warning Services, LLC, owners of Zelle, today announces a sponsorship grant and hiring partnership with national nonprofit workforce development organization Merit America. The grant and partnership will provide technical...
Arlington, VA (June 5, 2023) – The BBB Institute for Marketplace Trust (BBB Institute), the educational foundation of the International Association of Better Business Bureaus, is pleased to welcome Zelle® as a new member of its Corporate Trust...
More than half of consumers sending money withZelle® are ages 25-54, part of both the Millennial and Generation X demographics, while boomers, ages 55- 72, have recently increased their overall use of Zelle®.
Real-time settlement of Zelle® transactions on the RTP® network enables expanded
uses cases and increases efficiency of P2P, small business and disbursement
payments for participating financial institutions; PNC Bank and U.S. Bank first to pilot the
integration
Zelle® has teamed up with the Detroit Pistons to help Detroit's community invest in their financial future and learn how to protect themselves from fraud and scams.
Discover how banks and credit unions can combat the top 5 payment fraud trends
According to the latest Zelle® data, more than one third of adults, aged 55-74, shared they are concerned about their risk of being targeted by financial scams or fraud.
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.
"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.
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...Zelle® and Fiserv Launch Program to Bring Real-Time P2P Payments to Minority Depository Institutions
Banesco USA customers can now look for Zelle® in their BanescoMobile banking app to send money to friends and family, wherever they bank in the U.S. Money sent with Zelle® goes directly from one bank account in the U.S. to another, using only a recipient’s email address or U.S. mobile number. Funds are typically available within minutes when both parties are already enrolled with Zelle®.
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.
Zelle® and CSN will work together to spread awareness and educate consumers and small businesses on financial fraud and scams.