Early Warning Services, LLC. (EWS), the network operator behind Zelle®, received the NACHA 2019 Excellence in Payments Award at PAYMENTS 2019, held May 6-8 in Orlando, FL. The award recognizes Early Warning’s innovations with Zelle and its risk technologies, which have been foundational to safe payments transactions.
The NACHA Excellence in Payments Award honors organizations that have shown superior leadership and accomplishment in the development, implementation or advancement of domestic electronic payments. All payments industry participants were given the opportunity to vote for the winner online.
Early Warning has been a pioneer in payments and deposit validation solutions since the mid-1990s. Its solutions help financial institutions to make confident decisions, enable payments, and mitigate the risk of fraud. Today, the company is best known for creating Zelle, a fast, safe, and easy way to send money from one bank account to another, typically within minutes when both parties are already enrolled. In Q1 2019, $39 billion was sent through the Zelle Network® on 147 million transactions.
“This recognition celebrates the work of Early Warning, its partners, and its participants who have worked tirelessly to deliver a fast, safe, and easy payments experience,” said Lou Anne Alexander, Group President, Payments, Early Warning. “Zelle has connected financial institutions of all sizes and enabled consumers and business to send and receive payments, changing the way money moves today and influencing how it moves in the future.”
About Early Warning Services, LLC
Early Warning Services, LLC, is a fintech company owned by seven of the country’s largest banks. For almost three decades, our identity, authentication and payment solutions have been empowering financial institutions to make confident decisions, enable payments and mitigate fraud. Today, Early Warning is best known as the owner and operator of the Zelle Network®, a financial services network focused on transforming payment experiences. The combination of Early Warning’s risk and payment solutions enable the financial services industry to move money fast, safe and easy, so people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.