Scottsdale, AZ

 

Zelle® Returns to Money20/20 with a Surge in Network Payments. A year after its unveiling at Money20/20, Zelle returns to the “Ball” with significant momentum behind its banking industry-led, real-time mobile payments network...

Transforming Payments with an Easy, Fast and Secure Way to Move Money

According to the latest Zelle® data, more than one third of adults, aged 55-74, shared they are concerned about their risk of being targeted by financial scams or fraud.

"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.

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.

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

by Eric Foust

 

The COVID-19 pandemic spurred large corporations and small businesses alike to double-down on their plans for adopting real-time payments. It also created a prime opportunity for financial criminals. Indeed, faster payments mean...