Payment fraud detection is difficult to perfect. It’s a slippery form of fraud that shifts its shape as new technologies emerge. Indeed, criminals are relentless in their pursuit to steal funds via unauthorized payments—continuously innovating new...
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...
Digital payments options are starting to play an increasingly important role in where consumers and small businesses decide to do their banking. According to Cornerstone’s research, “among consumers with a checking account, six in 10 send money to...
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. Financial...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...
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 Payments...
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.
Cincinnati, OH
Fifth Third Bank announced today that it will join Early Warning’s ZelleSM Network to offer customers a safe, fast way to make person-to-person (P2P) payments. With ZelleSM, money can be sent by simply using the recipient’s mobile...
Scottsdale, AZ
Five of the top U.S. banks now processing real-time P2P transfers using clearXchange network. Early Warning, the industry leader in real-time payments, authentication and risk mitigation, announced today that Capital One, Chase and...
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.
Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it is partnering with Early Warning Services, LLC, the network operator behind Zelle®, to make faster payments more readily available for minority-owned depository institutions (MDIs).