DETROIT, MI – The Detroit Pistons and Zelle® have teamed up to help Detroit's community invest in their financial future and learn how to protect themselves from fraud and scams. The two organizations will launch a custom video series showcasing Detroit Pistons players and their personal experiences with money management and digital banking safety.

The first video features Rodney McGruder, shooting guard for the Detroit Pistons.

Rodney McGruder – Not only has Rodney invested in his game and physical fitness, he has also dedicated himself to successfully managing his finances. Rodney learned his responsible money management habits from his mother, who preached smart spending to Rodney from an early age. Rodney considers her financial lessons to be the best advice he has received throughout his career.

In addition to launching this video series, the Detroit Pistons will be donating money to a local Detroit nonprofit that inspires and prepares young people for success. During the 2021-2022 NBA season, the Pistons will be donating $25 for every shot blocked by the Pistons. At the end of the season, the total sum will be donated to Junior Achievement of Southeastern Michigan’s financial literacy programming.

“The Pistons organization is committed to being a community asset for Detroit,” said Brenden Mallette, Senior Vice President of Corporate Partnerships and Engagement for the Detroit Pistons. “Through this partnership, Zelle® and the Pistons will provide crucial resources to ensure our community receives education and tools for financial success.”

By collaborating with the Detroit Pistons, Zelle® continues its commitment to empowering prosperity with financial education. For example, through a strategic partnership with EVERFI—the leading social impact education technology company—Zelle® created a Money Moves: Modern Banking & Identity Protection™ course for high school students. In the 2020-2021 school year, more than 66,000 students across 47 states have completed the Money Moves course. This curriculum is free and available today to high school students across Detroit.

“We believe that financial education is the foundation of financial empowerment. Through this partnership with the Detroit Pistons, we hope to provide greater access to critical education, helping people make the right financial decisions to create their own financial success,” said Melissa Lowry, Chief Marketing Officer of Early Warning, the owner and network operator of Zelle®.

To keep up with the video series and for more financial education resources, visit www.Pistons.com/Zelle.

About Detroit Pistons

Since their arrival in 1957, the Detroit Pistons have become one of the most storied franchises in the NBA. With over 2,300 regular-season and playoff victories, the club has celebrated three NBA Championships (1989, 1990, 2004), five NBA Finals appearances (1988, 1989, 1990, 2004, 2005) and 11 Eastern Conference Finals appearances. In October 2019, the club opened the new Henry Ford Detroit Pistons Performance Center located in the New Center area, a campus that serves as the organization's practice facility and corporate headquarters. Since its purchase by Michigan native Tom Gores in 2011, the organization has focused on operating as a community asset while promoting a culture of innovation and industry-leading thought.

About Zelle®

Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle® makes it fast, safe and easy for money to move. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people they know and trust with a bank account in the U.S. Funds are available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and its participating financial institutions, visit www.zelle.com.

Zelle® and the Zelle® related marks are property of Early Warning Services, LLC.

SCOTTSDALE, AZ – Consumers and businesses sent 1.8 billion payments through the Zelle Network^® during 2021, an increase of 49% from a year earlier, Early Warning Services, LLC, the network operator behind Zelle^®, announced today. Those payments totaled $490 billion, up 59%.

“Our growth in 2021 shows how consumers and businesses are increasingly turning to their banking app and Zelle^® for the moments that matter – where trust, ease, and speed are of the utmost importance,” said Al Ko, Chief Executive Officer at Early Warning. “We’re proud to be a leader in the market. In 2022, we commit to doing more to continue to help make Zelle^® fast, easy and safe for consumers to send and receive money while also helping businesses improve their cash flows and secure their digital payment experiences.”

Transaction Volumes, Across Businesses Large and Small, Continue to Grow Rapidly

Businesses, including property managers, contractors, and health and beauty providers, relied on Zelle^® for sending and receiving money throughout the year. In 2021, payments received by small businesses increased 162% over the previous year’s totals. Fortune 500 companies, universities, and national non-profits also turned to Zelle^® when disbursing funds to the public as a fast and safe alternative to sending checks.

“Since its launch in 2017, Zelle^® has rapidly grown to become the largest U.S. P2P payments network by total payments value sent, with payment flows that are now twice the size of the next largest standalone competitor,” said Talie Baker, Strategic Advisor with Aite-Novarica’s Retail Banking & Payments practice. “While the market has seen tremendous growth, Zelle^® is leading the way in total payment value and in record time. A testament that if financial institutions build it, they will come.”

Today, consumers of nearly 10,000 financial institutions—an increase of 3,000 financial institutions within the past year—participate in the Zelle Network^®, whether accessing Zelle^® through their financial institution’s mobile banking app or enrolling their debit cards in the Zelle^® app.

Consumers should only use Zelle^® to send and receive money with friends, family, and businesses they know and trust.

About Zelle^®

Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle^® makes it fast, safe, and easy for money to move. The Zelle Network^® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people and businesses they know and trust with a bank account in the U.S. Funds are available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle^®. To learn more about Zelle^® and its participating financial institutions, visit www.zelle.com.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.

Who:

Nev Schulman, host and executive producer of MTV’s Catfish, and Zelle^®, a fast, safe and easy way to send money right from your banking app.

What:

Throughout National Consumer Protection Week (March 6-12, 2022), Schulman and Zelle^® will educate consumers by addressing trending scams and tips to avoid them.

During the week, a different scam and consumer tools/resources will be highlighted. This includes resources, tips and social PSA’s around the following topics:

• Learning how to spot scammers that pretend to be from your bank through phone and text scams
• How to spot a romance scam & be safe while dating
• All things puppy scams and safer alternatives to getting pets for your household
• Utility scams that are most prevalent and how to spot a scammer

As part of this effort, Zelle^® will host a virtual, open-access panel on Wednesday, March 9, titled, Technology & Dating: How to Safely Date in the Modern World. Alexis Castorina, Senior Director of Consumer Education at Zelle^® will moderate the panel of participants, including Schulman, Tracey Breeden, Head of Safety at Match Group, and Cindy Liebes, Chief Program Officer at Cybercrime Support Network.

Why:

A recent consumer behavior study conducted by Zelle^® found that 53% of people have been more confident and aware of scams since the beginning of the pandemic. That still leaves a large number of people that may not have the proper knowledge or tools to spot a scam.

Along with their ‘Pay it Safe’ program, Zelle^® has also participated in recent consumer education partnerships with the Detroit Pistons and Vox Media, and Schulman's social media PSA campaign. To continue scam education, Zelle^® is using National Consumer Protection Week to provide resources and tips to consumers on trending scams.

When and Where:

The virtual panel, Technology & Dating: How to Safely Date in the Modern World, will be held on Wednesday, March 9, from 4-5 pm ET. People interested in attending can RSVP for the open-access virtual event.

Nev Schulman will be available for virtual and on-site interviews regarding this campaign throughout February and March. Please get in touch with pressinquiries@zellepay.com to schedule a time.

Zelle and the Zelle related marks are property of Early Warning Services, LLC.

Who:

• Mindy Kaling - writer, producer, and actor
• Zelle^®  - a fast, safe, and easy way to send money right from your banking app

What:

As part of a broader "Thrive with Zelle^®" campaign, which aims to help consumers "thrive" through content, celebrations, and giveaways, Zelle^® launches today its second sweepstakes with Mindy Kaling. One lucky winner will receive $10,000, and 180 winners will receive $500. The $100,000 giveaway will take place on Instagram and Twitter from June 22, 2022 to July 6, 2022.

The giveaway kicked off at the "Thrive through Summer" brunch hosted by Mindy Kaling in Los Angeles, CA. They even provided guests with helpful content and information to thrive for the summer, including Zelle^® specific care stations focused on travel, summer planning, family, and gifting. In addition, Mindy joined Melissa Lowry, Chief Marketing Officer of Zelle^®, to discuss how she plans to thrive this summer, highlighting her summer planning and travel go-to's from self-care to family vacations.

Mindy Kaling and Zelle^® first partnered in December 2021 to give away $100,000 to help consumers thrive through the holidays.

Why:

According to a Zelle^® consumer behavior study released today, people find summer one of the most challenging seasons to maintain a work/life balance. That's why Mindy Kaling and Zelle^® are partnering once again to help kickstart consumers' summer plans.

Where/When:

The giveaway takes place on Twitter and Instagram from Wednesday June 22, 2022 through Wednesday, July 6, 2022. For a chance to win, consumers must comment on the Zelle^® and/or Mindy Kaling's Instagram or Twitter posts, or replay to @Zelle or @MindyKaling sweepstakes tweet and include #ZelleSweepstakes.

How:

For a chance to win, consumers must:

• Sign into their Twitter or Instagram account (entrants may create a Twitter or Instagram account for free if they do not already have one). Become a follower of Zelle on Twitter @Zelle or @ZellePay on Instagram (if not already following).
• Enter the sweepstakes by doing one of the following:
  • Reply to one of the Twitter sweepstakes posts by @Zelle or @MindyKaling, provide your response to "What makes you thrive during the Summer" and include #ZelleSweepstakes, OR
  • Reply to one of the Instagram sweepstakes posts by @ZellePay or @MindyKaling, provide your response to "What makes you thrive during the Summer".

Visit here for more images of the Mindy Kaling and Zelle^® "Thrive Through Summer" campaign. No purchase necessary. U.S. only 18+, Rules: bit.ly/3xLtoB6 Enter by 7/6/22. Zelle^® requirement to claim prize.

Zelle^® and the Zelle^® marks are property of Early Warning Services, LLC.

Who:

Early Warning Services, LLC (EWS), the network owner of Zelle®, is a fintech company owned by seven of the country’s largest banks. For 30 years, Scottsdale-based EWS has empowered financial institutions to make confident decisions, enable payments and mitigate fraud with its identity and payment solutions.

What:

EWS is announcing the grand opening of its new headquarters location in Scottsdale, Ariz., and continuing its legacy in Greater Phoenix as a top-tier employer of more than 1,100 employees with more than 70 percent based locally.

Why:

EWS saw a need to expand its headquarters footprint and provide a state-of-the-art space for its hybrid workforce based in Greater Phoenix. The new location will accommodate the company’s current and future workforce growth. Today, there are more than 180 open job listings. Job seekers can review the opportunities at EarlyWarning.com/careers.

Where/When:

Beginning August 1, 2022, Early Warning will be headquartered at:

5801 N. Pima Rd. Scottsdale, AZ 85250

Look for the Zelle® logo off the Loop 101 Freeway.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.

Zelle® and the Zelle® marks are property of Early Warning Services, LLC.

Scottsdale, AZ – In the past five years, consumers and businesses, small and large, have sent more than five billion Zelle® payments, totaling nearly $1.5 trillion, according to Early Warning Services, LLC, the network operator of Zelle®.

Zelle® users have leveraged the convenience and security of Zelle® to gift money, pay rent, reimburse friends and family for shared costs, receive reimbursements, or access money in critical moments, usually within minutes using Zelle®.

"Zelle® has transformed the way more than a hundred million people move money and conduct digital transactions," said Al Ko, Chief Executive Officer at Early Warning. "We are part of consumers' everyday lives and committed to being their trusted source for digital payments that are easy to use and don’t require the sharing of any bank account information. Thanks to our financial institution participants, reseller partners, and employees, we continue to innovate and expand adoption while enhancing protection measures."

Commitment to Safe Payments

The network has achieved more than 99.9% of payments sent without any report of fraud or scams. Zelle® and its participating financial institutions are continuously evolving and adapting consumer protection measures to address the dynamic nature of deceptive activities. For instance, real-time safety notifications (within the user experience and payment flow) alert users to only use Zelle® when sending money to people they know and trust.

In addition to the extensive education that financial institution participants deliver to their customers, Zelle® partners with non-profits, consumer safety organizations, influencers, and enterprises. By collaborating with The Cybercrime Support Network, Detroit Pistons, EVERFI, Nev Shulman, The Knoble, and Vox Media, the company continuously educates consumers on how to stay safe when using digital payments such as Zelle®. The recently launched Zelle® Learning Hub is another resource that helps consumers make smart financial decisions that begin with education.

Empowering all Communities with Real-Time Access to Payments: Nearly 1700 Financial Institutions Now Offer Zelle®

The Zelle Network® is open to any size financial institution that wants to give its customers access to real-time payments. Today, nearly 1700 banks and credit unions, including 100+ MDIs, offer Zelle® in their app. Throughout the past year, the company worked with its resellers on rebate programs for qualifying MDIs that sign up to offer Zelle®, giving their customers equitable access to financial services with additional tools to help meet their financial goals.

Disbursements, Business Payments Lead the Way in Q2 2022

Fortune 500 companies, including major online retailers, educational institutions, and national non-profits, are disbursing funds—tuition, rebates, settlements, insurance payments— as a fast and safe alternative to sending checks. In Q2 2022, the Zelle Network® achieved an 87% quarter-over-quarter increase in disbursement transactions. In addition, nearly eight million employees, contractors, and customers received payments from small businesses.

"Increased Zelle® usage by small businesses year over year is impressive," said Erika Bauman, director of commercial banking and payments at Aite-Novarica. "Our research shows that business adoption has more than doubled across the market. The rapid growth of Zelle® is due to greater efficiency, access to funds, and increased recipient satisfaction."

Overall payments in Q2 2022 equated to $155 billion sent through the Zelle Network® on 554 million transactions. Year-over-year payment values increased by 29%, while payment volume increased by 27%.

About Zelle®

Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle® makes it fast, safe, and easy for money to move. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people and businesses they know and trust with a bank account in the U.S. Funds are available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and its participating financial institutions, visit www.zelle.com.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.

SCOTTSDALE, AZ

Who:

For 30 years, Scottsdale-based Early Warning Services (EWS) has been empowering banks and credit unions to enable payments and mitigate fraud. The company recently announced more than five billion transactions and nearly $1.5 trillion moved across the Zelle Network^® since 2017. Today, more than 1,700 banks and credit unions offer Zelle^® in their apps.

What:

EWS is welcoming talent across numerous roles - including software engineering, customer service, product, data analytics, marketing, technology, and more.

Get to know us!

Join our career fair at our new headquarters location (5801 N. Pima Rd.) in Scottsdale. At the event, job seekers will hear from company leaders, network with hiring managers and recruiters and apply onsite.

Why:

EWS provides competitive benefits like 401K matching, 12 weeks of paid family leave and unlimited PTO for salaried employees.

Nearly all open positions are available for hybrid and flexible working arrangements. Job seekers can review the opportunities at EarlyWarning.com/careers.

How:

RSVP - let us know you’re planning to attend by visiting the career fair event page.

Interested applicants can also connect with recruiters directly at recruiting@earlywarning.com.

Where/When:

September 28, 2022, from 4:00 pm - 7:00 pm AZT
Early Warning Services, LLC
5801 N. Pima Rd.
Scottsdale, AZ 85250

Look for the Zelle® logo off the Loop 101 Freeway.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.

SCOTTSDALE, AZ – Early Warning Services, LLC, the network owner and operator of Zelle®, today responded to misleading reports of fraud and scams on the Zelle Network®.

Tens of millions of consumers safely use Zelle® every day with more than 99.9% of payments sent without any report of fraud or scams.

Any external analysis done is incomplete and does not reflect the efforts and data reported by more than 1,700 financial institutions on the Zelle Network®.

Wells Fargo is a leader in taking steps to protect its customers from fraud and scams. Based on data reported to the Zelle Network®, recent statements regarding Wells Fargo's fraud and scam rates are inaccurate. Wells Fargo's rates of reported fraud and scams are extraordinarily low and comparable to the Zelle Network® as a whole, where rates of reported fraud and scams represent less than 0.1% of all transactions.

About Zelle®

Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle® makes it fast, safe, and easy for money to move. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people and businesses they know and trust with a bank account in the U.S. Funds are available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and its participating financial institutions, visit www.zelle.com.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.

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Scottsdale, AZ – Early Warning Services, LLC, the network operator of Zelle®, announced today 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.

"Banks and credit unions of all sizes are joining the Zelle Network® at a rapid pace because it drives higher engagement with their customers and members and enables competitive parity with large banks via their mobile app," said Al Ko, Chief Executive Officer at Early Warning. "The sheer volume sent through our network—more than a trillion dollars in the past two years—shows that consumers and businesses trust Zelle® for the financial moments that matter."

In 2022, consumers and businesses sent 2.3 billion Zelle® payments with a total value of $629 billion. Transaction volumes through the Zelle Network® increased by 26% year-over-year, and the total transaction value increased by 28% year-over-year.

Deepening Relationships with Consumers

An independent study by Curinos found that Zelle® brought substantial value to customers and financial institutions.

"Our study found that Zelle® drives more primacy to users' checking accounts," said Hank Israel, Director at Curinos. "The more people use Zelle®, the more they tap those same checking accounts to pay for goods and services they might otherwise have paid for with check, cash, or other P2P. "

The Curinos report found that previously disengaged customers at financial institutions had, on average, four times more debit card transactions than the control group after one year of using Zelle®.

Small Businesses Rely on Zelle® to Both Send and Receive
In 2022, small businesses—landlords, house cleaners, landscapers, consultants, etc.—received more than 150 million payments with Zelle®, totaling more than $72 billion, up 77% and 84%, respectively, from 2021.

In addition, small businesses are using Zelle® to pay their employees and rent. The number of unique small business senders increased by 66% year over year, with 133 million payments totaling more than $87 billion in 2022.

Protecting Zelle® Users
The company's ongoing dedication to consumer protection measures continues to combat fraud and scams. In the first half of the year, the company reported more than 99.9% of payments on the network were sent without any report of fraud or scams—the percentage continued to improve through 2022.

About Zelle®
Zelle® is transforming how money moves, with more than five billion digital payments sent since its launch in 2017. The Zelle Network® connects more than 1,800 financial institutions of all sizes, enabling consumers and businesses to send digital payments to people and businesses they know and trust with an eligible bank account in the U.S. Money is available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and participating financial institutions in the Zelle Network®, visit www.zelle.com. Zelle® is brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions.

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 enables the financial services industry to move money fast, safe, and easy, so that people can live their best financial lives. To learn more about Early Warning, visit www.earlywarning.com.