Zelle

PYMNTS AM Radar: Crypto Alarm; Personal Touch; Wells Fargo Slapped; Credit Unions’ Agility; ICYMI
PYMNTS AM Radar: Crypto Alarm; Personal Touch; Wells Fargo Slapped; Credit Unions’ Agility; ICYMI
June 03, 2022  |  Banking

Today is Friday, June 3 and if you were up early enough, all five naked-eye planets — ​​Mercury, Venus, Mars, Jupiter and Saturn — were...

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Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
June 03, 2022  |  Security & Fraud

Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California’s Unfair Competition...

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Senator Questions CFPB Director Chopra About Zelle’s Fraud Allegations
Senator Questions CFPB Director Chopra About Zelle’s Fraud Allegations
April 27, 2022  |  Security & Fraud

U.S. Sens. Bob Menendez and Elizabeth Warren sent a letter (Tuesday) April 26 to Zelle’s parent company, Early Warning Services, asking questions about the rise...

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BofA Digital Biz Hits 53% as Customers Use Zelle More Than Checks
BofA Digital Biz Hits 53% as Customers Use Zelle More Than Checks
April 18, 2022  |  Earnings

Before too long, we might be calling Bank of America a digital bank. The company’s latest earnings results, and commentary from its conference call with...

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Banks Consider Adding Zelle to Retail Payments as Alternative to Mastercard, Visa
Banks Consider Adding Zelle to Retail Payments as Alternative to Mastercard, Visa
April 06, 2022  |  Consumer Payments

Zelle might be seeing more action from banks in the future, with some of them wanting to add the money-transfer service to the checkout at...

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Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
Car Dealers Turn to Omnichannel Platform to Boost Sales Productivity
February 11, 2022  |  Digital Payments

Automotive retailer Group 1 Automotive has increased the productivity of its sales team by 20% by deploying an omnichannel digital retailing platform, company executives said...

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Zelle Users Made Nearly $500B in Payments in 2021
Zelle Users Made Nearly $500B in Payments in 2021
February 02, 2022  |  Digital Payments

Zelle users sent 1.8 billion payments last year totaling $490 billion, the firm’s parent company said in a news release Wednesday (Feb. 2). According to...

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CHUCK Takes on Zelle With Alloy Labs, Payrailz Partnership
CHUCK Takes on Zelle With Alloy Labs, Payrailz Partnership
December 21, 2021  |  Banking

Community and midsize banking association Alloy Labs Alliance is launching CHUCK, an open network for instant payments to compete with Zelle, a payment network owned...

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Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021  |  Earnings

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to...

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