Early Warning Service news and trends

Zelle Network Transaction Volume Increased 26% in 2022
Mobile Payments // February 16, 2023

The Zelle Network reported a 26% increase in transaction volume in 2022 as the number of participating financial institutions increased by 40%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Consortium Model Adds Risk Mitigation Layers for FIs Through Shared Insight
Security & Fraud // February 01, 2022

As we all move online, especially to bank, Mary-Helen McElfresh, vice president, fraud risk management at Early Warning Services, LLC, told PYMNTS that a consortium approach could cut fraud rates and false positives. Get the Full Story Complete the form to unlock this article and...

Interviews & Exclusives
Consortium Model Adds Risk Mitigation Layers for FIs Through Shared Insight

February 01, 2022
As we all move online, especially to bank, Mary-Helen McElfresh, vice president, fraud risk management at Early Warning Services, LLC, told PYMNTS that a consortium approach could cut fraud rates and false positives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Quick Reads
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards

December 20, 2024
The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to protect consumers from “widespread fraud” on the peer-to-peer payment network. Get the Full Story Complete the form to unlock this article and […]

Zelle Network Transaction Volume Increased 26% in 2022

February 16, 2023
The Zelle Network reported a 26% increase in transaction volume in 2022 as the number of participating financial institutions increased by 40%. Get the Full Story Complete the form to...