By: Chief Fraud Risk Management Officer Ben Chance, Early Warning Services

As temperatures heat up across the U.S., so does criminal activity.  

At Early Warning Services, the network operator of Zelle®, our top priority is to provide a safe, reliable...

BRIDGEWATER, NJ – Alacriti, a leading provider of cloud-native money movement services for banks and credit unions, today announced a new partnership with Early Warning Services, LLC, the company behind Zelle®. Zelle will be embedded in Alacriti’s Or...

•    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

 

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...

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...

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...

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®.
The American Red Cross knows that relief leads to recovery, and has made it their mission to help people when they need it most.
Year-over-year sent payment values increased by 74%, while payment transactions increased by 61%.
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.