A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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June 6, 2025
On the web
Worldpay Enables Paze, Brings New Levels of Convenience and Speed to Online Checkout
Paze
April 28, 2025
On the web
Deep Dive Data Drop: Zelle® Unveils First-Ever Small Business Report – Here’s What it Reveals
Zelle
March 31, 2025
On the web
The Zelle App Is Shutting Down – Here's How to Send Money Now
US News
February 12, 2025
On the web
Finance Zelle Payments Top $1 Trillion in 2024 as Network’s Growth Outpaces Rivals Including PayPal
CNBC
November 5, 2024
On the wires
Payment Platform Zelle to Shift Users Away From Standalone Mobile App
Reuters
October 17, 2024
On the web
More People Than Ever Choose Zelle With Nearly Half a Trillion Dollars Sent in First Half of 2024
Early Warning Services
October 1, 2024
On the web
A PayPal and Apple Pay Rival From the Big Banks Is Aiming Big
Quartz
September 26, 2024
On the wires
iWallet® First to Allow Zelle® Invoicing to SMEs
PR News Wire
July 18, 2024
On the wires
Aurus Integrates Paze for Easy, Convenient Online Checkout Option for Retailers
PR News Wire
June 25, 2024
On the web
After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout
Digital Transactions
May 10, 2024
On the web
LAFC Welcomes Zelle® as a Golden Boot Club Partner
Early Warning
February 22, 2024
On the web
Paze Pulse Report Offers Deep Dive into Online Shopping Patterns
Paze
December 1, 2023
On the web
Cinemark and Paze: Improving the Off-Screen Movie Theater Experience With Simplified Checkout
Paze
November 15, 2023
Top Post
Payments-App War Drags Banks Into Discomfort Zone
Reuters
November 13, 2023
Top Post
Payments App Zelle Begins Refunds for Imposter Scams after Washington Pressure
Reuters
October 10, 2023
On the wires
GoDaddy and Paze Partner to Help Simplify Online Checkouts
PR Newswire
October 2, 2023
On the web
The Great Zelle Pool Scam
Business Insider
September 7, 2023
On the web
Omaha Steaks Partners with Paze: A Delicious Collaboration in the Early Adopter Program
paze
August 30, 2023
On the wires
Zelle® Announces Q2 Customer Growth and New Safety Measures
PR Newswire
August 11, 2023
On the web
Former BMO Executive Fowler Takes Over at Zelle Parent Early Warning
Digital Transactions
June 6, 2023
On the web
Challenges Facing Paze: Jostling for Position in a Crowded Digital Wallet Space
Tearsheet
April 17, 2023
On the wires
Consumers and Small Businesses Trusted Zelle® to Send Nearly $2B per Day in Q1
March 27, 2023
On the web
Early Warning Unveils Paze, Its Multi-Bank Wallet Aimed at Easing E-Commerce
Digital Transactions
January 12, 2023
On the web
Zelle Fraud: More People Tricked Into Sending Money Over Popular E-Pay Option (Video)
NBC Chicago
December 20, 2022
On the web
Zelle® Usage Drives Customer Engagement
Early Warning
This study was completed using data from FIs that have adopted Zelle®. Early Warning provided aggregated consumer deposit data from Q2 2020 to Q1 2021 that included both key customer characteristics and summary metrics. The study found FIs that offer Zelle® experience a lift in overall customer engagement. These higher levels of engagement are most significant among low-engagement, new-to-bank and low-balance customers.
December 13, 2022
On the web
Small Banks Warn They Might Have to Drop Zelle Over Scam Payment Costs
Wall Street Journal
“Community banks and credit unions might drop out of partnerships with instant-payment apps like Zelle if required to reimburse customers who fall victim to scams, two industry trade groups said. Facing pressure from lawmakers and regulators to do more to protect customers from fraud, the seven large banks that own Zelle are working on a plan to standardize refunds for customers duped into sending money. Scams using instant-payment apps like Zelle, Venmo and CashApp are expected to cost Americans $3 billion by 2026, up from $1.6 billion in 2021, according to a recent report by ACI Worldwide, a payments-software company. Zelle, which is owned by JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co., U.S. Bancorp, Capital One Financial Corp., PNC Financial Services Group and Truist Financial, allows customers to make free instant payments between individual bank accounts. Customers can send money from their bank accounts to others in real time, but there is no way to reverse payments when transactions go wrong. (Subscription required)”
October 14, 2022
On the web
Early Warning Releases Statement Regarding Recent Reports of Fraud and Scam Rates
PR Newswire
“Early Warning Services, LLC, the network owner and operator of Zelle®, today responded to misleading reports of fraud and scams on the Zelle Network®. Tens of millions of consumers safely use Zelle® every day with more than 99.9% of payments sent without any report of fraud or scams. Any external analysis done is incomplete and does not reflect the efforts and data reported by more than 1,700 financial institutions on the Zelle Network®. Wells Fargo is a leader in taking steps to protect its customers from fraud and scams. Based on data reported to the Zelle Network®, recent statements regarding Wells Fargo’s fraud and scam rates are inaccurate. Wells Fargo’s rates of reported fraud and scams are extraordinarily low and comparable to the Zelle Network® as a whole, where rates of reported fraud and scams represent less than 0.1% of all transactions.”
September 9, 2022
On the web
Zelle Carries Momentum Thanks to Network and Capability Expansions
Insider Intelligence
“Zelle’s payments volume increased 27% year over year (YoY) in Q2 2022 to $155 billion, per a press release. Zelle’s payment volume reached $120 billion in the same period last year, growing 58% YoY thanks to a major uptick in adoption among financial institutions (FIs). It has moved more than 5 billion transactions worth $1.5 billion since launching in 2017.More than 99.9% of Zelle payments are sent without any reports of fraud. Nearly 17,000 banks and credit unions offer Zelle—up from 10,000 as of February.”
September 8, 2022
On the web
Zelle® Reaches Five-Year Milestone with More than Five Billion Safe, Secure Transactions
PR Newswire
In the past five years, consumers and businesses, small and large, have sent more than five billion Zelle® payments, totaling nearly $1.5 trillion, according to Early Warning Services, LLC, the network operator of Zelle®.
Zelle® users have leveraged the convenience and security of Zelle® to gift money, pay rent, reimburse friends and family for shared costs, receive reimbursements, or access money in critical moments, usually within minutes using Zelle®.
May 3, 2022
On the wires
Early Warning Launches Verify Identity
prnewswire
“Early Warning Services, LLC, announces Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government entities. This new technology service combines predictive scoring with rules-based solutions to determine the likelihood that a prospective customer is legitimate while complying with industry regulations. “Early Warning is fighting back against synthetic identity fraud with the introduction of Verify Identity,” said Robin Love, vice president of product management at Early Warning. “Verify Identity includes our predictive ID Confidence Score with an additional synthetic indicator, making this solution uniquely different from others in the marketplace. Verify Identity will challenge the growing issue of data breaches and identity fraud by introducing this unparalleled synthetic identity detection feature.”