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June 6, 2025

On the web

Worldpay Enables Paze, Brings New Levels of Convenience and Speed to Online Checkout

Paze

"Worldpay® and Early Warning Services have announced a new partnership at Worldpay’s annual client and partner event, Rethink, to enable PazeSM as a checkout option available to its merchants. Paze is an online checkout solution developed by Early Warning Services that is offered by leading banks and credit unions in the U.S. The convenient Paze checkout experience enables consumers to pay online with their preferred credit and debit cards via added security through tokenization, and seamless digital authentication."

April 28, 2025

On the web

Deep Dive Data Drop: Zelle® Unveils First-Ever Small Business Report – Here’s What it Reveals

Zelle

"Main Street makes the American economy move, and Zelle® today released never-before published data that provides new insight into when, where, and how U.S. small businesses rely on the payment tool’s unique features to help boost growth and unlock opportunities. The new data, released ahead of National Small Business Month in May, underscores the growing role Zelle plays in helping reduce uncertainty for America’s Main Street economy."

March 31, 2025

On the web

February 12, 2025

On the web

November 5, 2024

On the wires

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

"Early Warning Services, LLC., the network operator of Zelle®, 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 half a trillion dollars -- $481 billion, up 28% year-over-year. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the network."

October 1, 2024

On the web

September 26, 2024

On the wires

iWallet® First to Allow Zelle® Invoicing to SMEs

PR News Wire

"iWallet today announced that it is the first company to enable Zelle® invoicing for small and medium-sized enterprises (SMEs), marking a significant milestone in the evolution of digital payment solutions. With this innovative integration, SMEs can now leverage Zelle® for invoicing, facilitating seamless and efficient payment processes."

July 18, 2024

On the wires

Aurus Integrates Paze for Easy, Convenient Online Checkout Option for Retailers

PR News Wire

"Aurus, Inc., a leading provider of payment processing solutions, announced a partnership with Early Warning Services, LLC to integrate a new online checkout solution Paze SM, into their payment platform. Wakefern Food Corp., the nation's largest retailer-owned cooperative, is among the first group of retailers using the Aurus platform to begin offering their online shoppers the quick and convenient Paze checkout option."

June 25, 2024

On the web

After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout

Digital Transactions

"Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced it early last year."

May 10, 2024

On the web

February 22, 2024

On the web

December 1, 2023

On the web

November 15, 2023

Top Post

November 13, 2023

Top Post

October 10, 2023

On the wires

October 2, 2023

On the web

September 7, 2023

On the web

August 30, 2023

On the wires

Zelle® Announces Q2 Customer Growth and New Safety Measures

PR Newswire

"Early Warning Services, LLC, the network operator of Zelle®, today announces its Q2 2023 results—total Zelle transaction volume was 705 million with a value of $197 billion, 10% and 9% quarter-on-quarter growth, respectively...All banks and credit unions on the Zelle Network® must implement Risk Insights for Zelle®. This free service gives institutions recipient risk attributes to assess potentially high-risk transactions and ultimately reduce fraud and scams."

August 11, 2023

On the web

Former BMO Executive Fowler Takes Over at Zelle Parent Early Warning

Digital Transactions

"Early Warning Services LLC, which operates the Zelle peer-to-peer payment network, announced early Friday it has appointed Cameron Fowler as chief executive, effective October 2, 2023. Fowler replaces Albert Ko, who left the company in May to become CEO of Auctane, which provides shipping software and operates such brands as Stamps.com, ShipStation, and ShippingEasy."

June 6, 2023

On the web

April 17, 2023

On the wires

Consumers and Small Businesses Trusted Zelle® to Send Nearly $2B per Day in Q1

Linkedin

"At Early Warning®, our vision is to bring trust to the financial moments that matter. It’s something we’ve done for over 30 years across all our products and it’s something we’ll continue to do for decades to come. As I [Albert Ko] approach my 4-year anniversary at the helm of Early Warning, and Zelle® approaches its 6-year anniversary since launch, I’d like to share some news about its growth during the first quarter of this year and examine why businesses and consumers are increasingly trusting us with their transactions. Q1 Results: The Zelle Network® is Stronger than Ever..."

March 27, 2023

On the web

Early Warning Unveils Paze, Its Multi-Bank Wallet Aimed at Easing E-Commerce

Digital Transactions

"Early Warning Services LLC, a fintech owned by seven of the nation’s largest banks, will launch its digital wallet with a pilot this summer followed by general availability in the fall, the top official in charge of the project said Monday. The new wallet, called Paze and aimed exclusively at e-commerce use, will start with backing by the owners of EWS but will be “available to all banks regardless of size,” James Anderson, managing director of wallet at EWS, told Digital Transactions News. “Every financial institution will have access to it. It’s not a big integration.” Multiple issuers could be represented in a single Paze wallet, Anderson said."

January 12, 2023

On the web

Zelle Fraud: More People Tricked Into Sending Money Over Popular E-Pay Option (Video)

NBC Chicago

"Whether you’re splitting a tab, or paying a babysitter, Zelle is the most popular way to transfer money electronically in the U.S., processing more money than Venmo and CashApp combined, lawmakers have found. But Zelle is also popular among thieves. Each year, millions of dollars are stolen from consumers through Zelle in fraudulent transfers, data shows, and victims say getting help or refunds from their banks has been difficult. That could soon be changing, as the Wall Street Journal reports the big banks that own Zelle’s parent company, Early Warning Services, have been meeting and negotiating the standardization of refund procedures, as well as the sharing of liability within the Zelle network."

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.”

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