Early Warning Services, LLC, the network operator of Zelle, announced more than 1,800 financial institutions (FIs) are part of the Zelle Network. In 2022, 97% of FIs that joined the network “have under $10 billion in assets.” Al Ko, Chief Executive Officer at Early Warning,… Read More
Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology, announced that Arkansas Federal Credit Union has upgraded from their prior person-to-person (P2P) payment solution “to the Zelle Network® via Fiserv.” In the first two months post-launch, Arkansas Federal has “seen P2P… Read More
Consumers and businesses reportedly sent 1.8 billion payments via the Zelle Network during 2021, an increase of 49% from a year prior, Early Warning Services, LLC, the network operator behind Zelle, confirmed on February 2, 2022. Those payments “totaled $490 billion, up 59%.” Al Ko,… Read More
Early Warning Services, LLC, the network operator behind Zelle, has shared its Q2 2021 transaction results, which include signed financial institutions representing over 500 million DDA accounts. During Q2 2021, the Zelle Network handled $120 billion on 436 million transactions. YoY sent payment values “increased… Read More
Zelle “springs” into 2021 with over $100 billion sent during the first quarter of this year, according to a release. Early Warning Services, LLC, the network operator behind Zelle, revealed on May 5, 2021 that $106 billion was sent via the Zelle Network on 392… Read More
On Thursday, Zelle announced more than $25 billion was moved through the Zelle Network during the first quarter of 2018. The person-to-person service revealed this is a 15% increase from the previous quarter and had 85 million transactions, which was up 14% from the previous quarter… Read More
Morgan Stanley Wealth Management announced on Thursday the launch of its new person-to-person payments service called Morgan Stanley Send Money with Zelle. According to Morgan Stanley, the service enables its clients to send money and receive money from almost anyone with a U.S. bank account using the… Read More
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