Customers of about 5,400 financial institutions are using the Zelle Network®, whether it’s through their financial institution’s mobile banking app, or by registering their debit cards in the Zelle® mobile app.
BOSTON and NEW YORK
Financial institutions are facing intense competition from both fintechs and traditional players, putting downward pressure on the revenue they generate from mass-market consumers.
Curinos’ new report Zelle® Usage Drives Customer Engagement explains “as digital channels become a larger source of new customers, banks find that engagement levels and revenue contribution of these customers are far lower than their existing, branch-originated counterparts.”
Accelerates nationwide merchant roll out of ultra-convenient online checkout
Zelle® fraud and scams have materially declined since it’s launch in 2017 relative to the network’s growth. More than 99.9% over 1.7 billion transactions Zelle® transactions have been completed with no report of fraud or scam.
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Learn how Early Warning can help you financial institution prevent check fraud
Enhance your company’s consumer experience while decreasing potential misdirected payments, and confidently validate account ownership and status in real-time. In this customer use case, SafeHome has two ways to fulfill its customer’s claim.
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