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More than 60-million transactions processed, valued at $17.5B in Q3 2017; Zelle Network® Expands Access to P2P Service
A year after its unveiling at Money20/20, Zelle returns to the “Ball” with significant momentum behind its banking industry-led, real-time mobile payments network. Zelle enables money to move from one bank account to another typically within minutes, using only an e-mail address or a mobile phone number. In Q3 2017 (July – Sept.) Zelle payments surged, with an average of 65,000 consumers enrolling daily, resulting in the network processing more than 60-million real-time person-to-person (P2P) payments, valued at $17.5 billion.
Zelle Network® Processes 100MM transactions in the first half of 2017; and, New Zelle App Extends Network Reach, and Enhances Mobile Banking Experiences
Since June 2017, Zelle Network Banks and Credit Unions have seen up to 300% increases in new customer enrollments. An average of more than 50,000 new consumers enroll with Zelle daily. These consumers join a person-to-person (P2P) payments network already poised to reach more than 86-million consumers through the mobile banking apps of Zelle Network participant banks and credit unions.
Zelle® Changes the Way Money Moves - Makes Sending Money Digitally to Friends and Family Fast, Safe and Easy for More than 86-Million Mobile Banking Consumers
Beginning this month, more than 86-million U.S. mobile banking consumers will be able to send and receive money through Zelle® – a new person-to-person (P2P) payments network from bank-owned Early Warning Services.
CO-OP Financial Services today announced a strategic partnership with Early Warning to offer credit unions access to the ZelleSM Network. Early Warning’s ZelleSM Network, a financial institution-led digital payments network in the U.S., will enable members of participating credit unions to send money to anyone with a U.S. bank or credit union account.
Ally Bank, Bank of the West and BECU are among banks and credit unions that will access the newly launched service via Fiserv
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that multiple financial institutions, including Ally Bank, Bank of the West and BECU, have committed to join Early Warning’s ZelleSM Network via an alliance between Fiserv and Early Warning.
Bank Joins ZelleSM Network to Help Consumers Make Safe, Fast and Simple Payments
Fifth Third Bank announced today that it will join Early Warning’s ZelleSM Network to offer customers a safe, fast way to make person-to-person (P2P) payments. With ZelleSM, money can be sent by simply using the recipient’s mobile number or email address. Fifth Third customers will have access to real-time payments with ZelleSM in 2017.
Zelle Network will be offered to Jack Henry & Associates, Inc. clients
FIS has partnered with Early Warning to enable financial institutions to offer faster P2P payment services via the Zelle℠ Network to their customers
PaymentsSource has chosen Early Warning's Lou Anne Alexander as one of the 2017 Most Influential Women in Payments! Each year, PaymentsSource honors the women who are driving change by taking risks with new ideas and investments, and developing the technology that will forever change the way people handle money. Congratulations to Early Warning's group president of payments solutions, Lou Anne Alexander, for being included in this prestigious list.
Zelle® partners with Karamo to give away a total of $75,000 to contest winners
This holiday season, if you could give $25,000 to the one person in your life who sends cheer all year round, who would it be? Someone you love? Someone from your community who has made this year a little brighter - maybe a nurse, a teacher, or a community organizer? Or even yourself? Good news – it only takes sixty seconds to enter the Zelle® Send Cheer contest and potentially change a life forever!