Zelle soars with $806 billion transaction volume, up 28% from prior year 120 million consumer and small business accounts used Zelle® in 2023

Synthetic identity fraud losses rose to an estimated $20 billion in 2020—spiking sharply from an estimated $6 billion in 20161. One of the fastest growing financial crimes in the U.S., synthetic identity fraud is now one of the nation’s leading...

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...

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.

NEW YORK and WASHINGTON, D.C.

Christina Ricci to star as a criminal investigator in video series for multi-platform campaign

Today, Zelle® is launching S.A.F.E. Squad -- Scam and Fraud Elimination Squad -- a creative campaign designed to educate U.S...

On World Elder Abuse Awareness Day, Early Warning Services, LLC, the network operator of Zelle®, today announced a new partnership with the National Council on Aging (NCOA). The partnership starts with a national campaign featuring financial wellness expert, Amanda Clayman, that delivers guidance on how to avoid falling victim to scams.

From helping power new account openings to validating deposits and making payments, Early Warning has protected the financial system for more than 30 years. It’s on this foundation that we earned the right to bring to market products like Zelle®.

Bu...

No question about it: Artificial intelligence (AI) is booming. Advances in machine learning (ML)—and the emergence of generative AI in particular—are making big waves. And across the financial landscape, AI fraud prevention has become a major concern...

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.

This blog was originally published 5/22/2024 and has been updated

Consumer demand for fast and easy banking processes has never been higher. Whether customers are opening new accounts, making digital payments, or applying for credit, financial...