Early Warning Service news and trends

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. Early Warning, of course, is owned by seven of the largest banks...

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. Early Warning, of course, is owned by seven of the largest banks in the U.S. and uses intelligence gleaned from participating financial […]

Quick Reads
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%. Early Warning Services, which owns and operates the network, said in a Thursday (Feb. 16) press release that the number of financial institutions joining Zelle topped 1,800 in 2022 and that 97% of […]