Zelle

Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
January 25, 2024  |  Security & Fraud

If someone stole your phone, how quickly would they be able to steal your money? It’s a scenario that Manhattan District Attorney Alvin Bragg says...

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Truist Ups Digital Focus as Mobile Transactions Climb
Truist Ups Digital Focus as Mobile Transactions Climb
January 18, 2024  |  Earnings

Truist Financial continues to see digital engagement among its customers climb. The North Carolina-based bank reported earnings Thursday (Jan. 18) showing the number of  mobile app users grew...

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Bank of America: Zelle Volumes Surge 25% Year Over Year
Bank of America: Zelle Volumes Surge 25% Year Over Year
January 12, 2024  |  Earnings

Bank of America’s digital evolution continues. The company posted December quarter results that showed digital volumes are on the upswing, as active digital users topped more...

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Zelle Network Banks Begin Reimbursing Imposter Scam Victims
Zelle Network Banks Begin Reimbursing Imposter Scam Victims
November 13, 2023  |  Banking

Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. According to a Monday (Nov. 13) report by Reuters, Zelle operator Early Warning...

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Clover Sales Grow 26% as Fiserv’s Merchants Embrace Business ‘Operating Systems’
Clover Sales Grow 26% as Fiserv’s Merchants Embrace Business ‘Operating Systems’
October 24, 2023  |  Earnings

Fiserv reported third-quarter results Tuesday (Oct. 24) that showed a continued embrace of P2P payments and Clover’s point of sale and software solutions for small...

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Entersekt Launches Authentication Solution for Mobile Banking Apps
Entersekt Launches Authentication Solution for Mobile Banking Apps
October 18, 2023  |  Security & Fraud

Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs),...

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Bank of America Says Zelle Transactions Climb 27% Year Over Year
Bank of America Says Zelle Transactions Climb 27% Year Over Year
October 17, 2023  |  Banking

Bank of America’s earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. As noted in presentation materials...

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Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
August 29, 2023  |  Disbursements

Bank of America has launched its Global Digital Disbursements solution in Canada. This solution aims to support business-to-consumer (B2C) payments and consumer-to-business (C2B) request for payments, providing a...

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62% of FIs Grapple With a Rise in Fraudulent Transactions
62% of FIs Grapple With a Rise in Fraudulent Transactions
August 18, 2023  |  Security & Fraud

As more transactions move online, banks are girding for, and doing battle against, a rising tide of fraud. As noted in the report “The State...

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