Faster banking means faster fraud.
Modern deposit channels—from mobile to remote-deposit capture to same-day ACH—make banking faster and more convenient for customers.
They also make deposit risk assessment more complicated for FIs.
Bad...
New York & Scottsdale, AZ
Bank of America and PNC Bank first to send Zelle® payments over the RTP® network
Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP®...
In the first quarter of 2018, more than $25 billion moved through the Zelle Network®, up 15 percent quarter-over-quarter (QoQ), on 85 million transactions, up 14 percent QoQ.
Zelle® is replacing cash and checks for sending gifts...