Scottsdale, AZ

Early Warning Services, LLC, the network operator behind the Zelle payments network®, today released the results of its 2019 Holiday Survey. The survey details gift-giving desires and trends this season. At the top of the list for...

In Q4 2019, the Zelle Network® processed 230 million transactions, totaling $56 billion in money sent — an increase of 14% and 17% quarter-over-quarter, respectively.
More than half of consumers sending money withZelle® are ages 25-54, part of both the Millennial and Generation X demographics, while boomers, ages 55- 72, have recently increased their overall use of Zelle®.
According to the latest Zelle® data, more than one third of adults, aged 55-74, shared they are concerned about their risk of being targeted by financial scams or fraud.
Real-time settlement of Zelle® transactions on the RTP® network enables expanded uses cases and increases efficiency of P2P, small business and disbursement payments for participating financial institutions; PNC Bank and U.S. Bank first to pilot the integration