Zelle Network® Processes 100MM transactions in the first half of 2017; and, New Zelle App Extends Network Reach, and Enhances Mobile Banking Experiences
Scottsdale, AZ
Beginning this month, more than 86-million U.S. mobile banking consumers will be able to send and receive money through Zelle® – a new person-to-person (P2P) payments network from bank-owned Early Warning Services. Changing the way...
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).
"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.
A considerable portion of the U.S. population doesn't have fair and affordable access to financial services. Nearly 50 million Americans1, disproportionally comprised of poor and minority communities, cannot fully participate in our nation's banking...
Scottsdale, AZ
Bank-owned company, Early Warning Services, LLC, today announced the appointment of Albert “Al” Ko as Chief Executive Officer (CEO), effective May 13, 2019. He assumes day-to-day leadership of the company and will also join Early...
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...
In Q4 2019, the Zelle Network® processed 230 million transactions, totaling $56 billion in money sent — an increase of 14% and 17% quarter-over-quarter, respectively.