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...

Bringing real-time P2P payments to Citi customers in the United States
FIs must use new techniques to ensure they know who they are dealing with in the online and mobile channels. 

Scottsdale, AZ

 

Early Warning Services, an industry-leader in real-time payment, authentication, and risk mitigation, today announced that financial institutions in the Zelle Network® processed more than 170-million person-to-person (P2P) payments...

According to a September 2015 bulletin from the U.S. Secret Service and the PCI Security Standards Council, there is a steady increase in fraudsters exploiting vulnerabilities in the account provisioning and verification process for mobile wallets.
The methodology and the technology that banks use to screen and validate new account applicants should have a dual purpose
Transforming Payments with an Easy, Fast and Secure Way to Move Money