Zelle

Bank of America’s Erica Use More Than Triples Since 2020
Bank of America’s Erica Use More Than Triples Since 2020
April 18, 2023  |  Earnings

Despite last month’s turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on...

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Small Businesses and Consumers Complete 639 Million Transactions on Zelle in Q1
Small Businesses and Consumers Complete 639 Million Transactions on Zelle in Q1
April 17, 2023  |  Payment Methods

Consumers’ and businesses’ use of Zelle increased about 30% year over year in the first quarter. The number of transactions completed using the peer-to-peer (P2P)...

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Rising P2P Payments Driving Demand for More Seamless Money Movement Options
Rising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023  |  Payment Methods

Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend...

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Kyriba and U.S. Bank Add Instant Payments and Zelle for Businesses
Kyriba and U.S. Bank Add Instant Payments and Zelle for Businesses
March 29, 2023  |  B2B Payments

Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface...

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Zelle Operator Readies Summer Rollout of Paze Digital Wallet
Zelle Operator Readies Summer Rollout of Paze Digital Wallet
March 28, 2023  |  Mobile Wallets

Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech....

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Senators Warn Regulators on Zelle Fraud Risks
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023  |  Bank Regulation

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. In a letter addressed to the Federal Reserve, the FDIC, the National Credit...

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Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
March 01, 2023  |  Digital-First Banking

Five years after open banking became a regulatory requirement, the U.K. now claims 7 million active users. That figure, representing less than 20% of the...

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

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,...

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Citizens Makes Zelle Available to Businesses Through Mobile Banking App
Citizens Makes Zelle Available to Businesses Through Mobile Banking App
February 01, 2023  |  B2B Payments

Citizens is now making Zelle available to small business customers through its mobile banking app. The financial institution said in a Wednesday (Feb. 1) press...

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