Showing results for 'Early Warning Services' in Articles
17 Articles | 6 Magazines | 0 Research | 0 Whitepapers

Zelle hits 2bn transactions – fights back against fraud accusations

17 Sep 25 @ 11:20

Zelle has entered 2025 with unprecedented momentum, reporting 2 billion transactions and nearly $600 billion in payments during H1 2025. The network, operated by Early Warning Services, recorded double-digit growth... read more

CFPB takes on big US banks over Zelle fraud allegations

08 Jan 25 @ 16:30

In a move that has shaken the US financial sector, the Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Zelle’s... read more

Zelle reports 84% increase in P2P mobile payments

15 Jan 18 @ 19:58

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017,... read more

Zelle goes global with $1 trillion payments network and stablecoin expansion

28 Oct 25 @ 13:25

Zelle, the ubiquitous US person-to-person payments app, is stepping onto the international stage with plans to enable cross-border transfers powered by stablecoins. This is a move that could redefine how... read more

US banking networks weigh stablecoin initiatives

12 Sep 25 @ 13:58

Early Warning Services (EWS), operator of the Zelle instant payments network, and The Clearing House (TCH) are both reported to be examining stablecoin initiatives. The move underscores how mainstream banking... read more

New York sues Zelle despite industry push back

18 Aug 25 @ 16:38

The New York Attorney General has filed a high-profile lawsuit against Zelle, alleging that systemic security failings at the peer-to-peer (P2P) payments platform enabled fraudsters to steal more than $1... read more

CFPB abandons litigation in Zelle fraud controversy

05 Mar 25 @ 14:07

The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the... read more

Can banks succeed with their own digital wallets?

13 Jan 25 @ 18:52

The recent decision by Apple to grant third-party developers access to its NFC chip, along with Vipps MobilePay’s historic launch in Norway, has reignited discussions about the potential for banks... read more

US banks go on mobile wallet offensive

31 Mar 23 @ 16:34

Wells Fargo, JPMorgan, Bank of America and several other large US banks are set to launch a mobile wallet later this year that links to debit and credit cards. Early... read more

US Banks toughen competition in digital wallet race

24 Jan 23 @ 14:57

That consumers are turning to digital wallets at an increasingly faster pace is no major headline. However, the losses that the move could cause banks is definitely a painful awakening... read more

Zelle reports stellar growth as US P2P payments market hots up

28 Jan 19 @ 16:55

Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... read more

US Digital Payments Adoption Study

27 Jul 18 @ 11:45

Early Warning Services, the network operator behind Zelle, has published the results of its first Digital Payments Adoption Study. The aim is to track consumer adoption, use, and attitudes toward digital payments,... read more

Zelle announces $25 billion in P2P payments in Q1

30 Apr 18 @ 13:32

In the first quarter of 2018, more than $25 billion moved through the Zelle Network, up 15% quarter-over-quarter (QoQ), on 85 million transactions, up 14% QoQ. “Zelle is replacing cash and checks for sending... read more

Zelle P2P payments network moves $75 billion in 2017

30 Jan 18 @ 13:26

Zelle announced $75 billion in money moved in 2017 across its P2P payments network, as millions of consumers reduced their dependence on physical checks and cash in the US. The $75 billion  across the... read more

Zelle claims 4m users and mobile P2P payment app

13 Sep 17 @ 11:06

Zelle, the bank-based mobile P2P offering operated by Early Warning says more than 4 million people have enrolled in the mobile based payment network backed by many of the US’s largest... read more

US Banks debut faster P2P payments with Zelle network

12 Jun 17 @ 16:22

More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build... read more

Early Warning and clearXchange partner for real-time payments

04 Dec 15 @ 12:43

Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more