ACH Payments Fraud is on the Rise: How to Use Big Data Analytics to Prevent Costly Attacks

Seventy-one percent of financial professionals reported that their organizations were impacted by payments fraud in 20211.

 

The good news? That’s the lowest level reported since 2014. After reaching a record high in 2018 and 2019 (with 80 percent of...

Fighting Fraud Together: Early Warning Services, the Company Behind Zelle® and Paze, Responds To OCC, Fed, and FDIC RFI

WASHINGTON – Early Warning Services, LLC, founded to unite banks and credit unions in the fight against financial fraud, submitted a comment letter yesterday responding to the Office of the Comptroller of the Currency (OCC), Federal Reserve Board...

More People Than Ever Choose Zelle with Nearly Half a Trillion Dollars Sent in First Half of 2024

NEW YORK -- Early Warning Services, LLC., the network operator of Zelle®, today announced that in the first half of 2024 the person-to-person payments network reached 143 million enrolled users and helped consumers and small businesses move nearly...

BBB Institute for Marketplace Trust, Zelle® launch education campaign on payment safety
The BBB Institute for Marketplace Trust (BBB Institute), the Better Business Bureau’s® educational foundation, is partnering with Zelle® to deliver a campaign focused on empowering people to spot the signs of payment scams. The campaign (BBB.org/Red-Flags) is live now and will run through the fall.
Early Warning Hard Copy Forms Privacy Notice for B2B CA Residents
S.A.F.E. Squad to the Rescue! Zelle® and Christina Ricci are Back to Educate Consumers on Financial Crime

NEW YORK -- With the holiday season in full swing, Zelle® today announced the return of its Scam and Fraud Elimination (S.A.F.E.) Squad campaign featuring actor and producer, Christina Ricci. In its second year, S.A.F.E. Squad is a content series...

Why Implement Zelle®? The Zelle Effect

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...

Jack Henry and Zelle® Make Faster Payments More Accessible to Minority Communities
Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it is partnering with Early Warning Services, LLC, the network operator behind Zelle®, to make faster payments more readily available for minority-owned depository institutions (MDIs).
Part 3: Levvel Shares Top Fraud Management Tips When Integrating Zelle®
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments practice, went deeper on another important topic - fraud management.
Bringing Zelle® to Credit Unions and Community Banks
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.