Zelle

Zelle Operator Readies Summer Rollout of Paze Digital Wallet
Zelle Operator Readies Summer Rollout of Paze Digital Wallet
March 28, 2023  |  Mobile Wallets

Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech....

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...

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Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
March 01, 2023  |  Digital-First Banking

Five years after open banking became a regulatory requirement, the U.K. now claims 7 million active users. That figure, representing less than 20% of the...

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Zelle Network Transaction Volume Increased 26% in 2022
Zelle Network Transaction Volume Increased 26% in 2022
February 16, 2023  |  Mobile Payments

The Zelle Network reported a 26% increase in transaction volume in 2022 as the number of participating financial institutions increased by 40%. Early Warning Services,...

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Citizens Makes Zelle Available to Businesses Through Mobile Banking App
Citizens Makes Zelle Available to Businesses Through Mobile Banking App
February 01, 2023  |  B2B Payments

Citizens is now making Zelle available to small business customers through its mobile banking app. The financial institution said in a Wednesday (Feb. 1) press...

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Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
January 30, 2023  |  Digital Payments

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital...

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Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
Banks’ Digital Wallet Battle Easier vs Apple Pay, Harder vs PayPal 
January 23, 2023  |  Payment Methods

The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.”   PayPal may prove to be a...

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Big Banks to Launch Apple Pay Competitor in 2023 H2
Big Banks to Launch Apple Pay Competitor in 2023 H2
January 23, 2023  |  Banking

America’s biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers...

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Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
Mobile Users and Online Transactions Spotlight Super-Regional Truist’s Digital Transformation
January 19, 2023  |  Earnings

Super-regional bank Truist’s latest results show a digital transformation that rivals the largest national FIs. Coming off a year where Truist— formed from the 2019...

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