Early Warning Services

US Banks Devising Plan to Reimburse Zelle Scam Victims

US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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Early Warning Services Unveils Synthetic ID Fraud Tool
Early Warning Services Unveils Synthetic ID Fraud Tool
May 03, 2022  |  Identity

Early Warning Services has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government...

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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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New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022  |  Digital-First Banking

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee,...

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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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Treasury Banking’s New To-Do List:  Fraud Prevention, Digital Privacy and Zero Friction
Treasury Banking’s New To-Do List: Fraud Prevention, Digital Privacy and Zero Friction
October 29, 2021  |  Digital Banking

The evolution of the payments ecosystem has forced the modernization of treasury functions, as firms rapidly adopt digital ways of managing the data and funds...

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Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
July 30, 2021  |  News

In today’s top news, the Senate’s infrastructure bill includes cryptocurrency tax laws, and Amazon missed sales projections in its earnings report. Plus, Mastercard’s second-quarter earnings...

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Digital Payments Seek Life Beyond Sending Money To Friends
Digital Payments Seek Life Beyond Sending Money To Friends
July 06, 2021  |  Payment Methods

When most people think of digital payments, their minds still jump to use cases like splitting the dinner check, paying the babysitter or sending their...

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Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
Today In Digital-First Banking: FIS, NYDIG Collaborate On Bitcoin; Zelle Processes $106 Billion In Q1
May 05, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, FIS is working with NYDIG on bitcoin, while Zelle processed 392 million transactions in Q1 2021. Plus, big...

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