Five things financial institutions need to know about consortiums and data-driven fraud detection
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...
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.
Picture this: a fraudster writes a check for $5,000 from his account at a credit union and walks over to his local branch of a nationwide bank, depositing the check by scanning it in at the ATM. It’s a large check, so the bank makes half of the funds...
Now providing small and medium financial institutions with proactive account verification
Scottsdale, AZ
Early Warning Services, LLC, the network operator behind Zelle®, today announced $49 billion was sent through the Zelle Network® on 196 million transactions during Q3 2019. Year-over-year payment values increased by 58%, while...
• Year-over-Year transaction values increased 54%; YoY transaction volume increased by 72% • Signed 139 regional banks and credit unions onto the Zelle Network® in Q1 2019
Scottsdale, AZ
A year since its launch, Zelle Network® Reaches Key Milestones with Double-Digit Increases in Transaction Volume and Transaction Value Quarter-over-Quarter
In the second quarter of 2018 (April 1 – June 30), 100 million transaction...
Scottsdale, AZ
Quarter-over-Quarter Zelle Network® Continues with Double-Digit Increases in Transaction Volume and Value as More Financial Institutions Join the Network
During Q3 2018 (July – September), 116 million transactions took place on...
Jacksonville, FL
FIS has partnered with Early Warning to enable financial institutions to offer faster P2P payment services via the Zelle℠ Network to their customers FIS’ partnership with Early Warning further extends its leadership in...