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) payment service rose 29% to 639 million and the amount of money sent grew 31% to $180 billion, Early Warning...
Early Warning Services LLC has teamed up with seven of America’s biggest banks to launch Authentify, an identity verification service for businesses and consumers. According to a company news release Monday (April 4), Authentify is being launched with Bank of America, Capital One, Chase, PNC...
Romance scams. Puppy scams. Peer-to-peer (P2P) fraud. Like COVID-19 variants, the fraudsters and the scammers’ schemes continue to morph and mutate, shifting to fit the digital age. We don’t always double-check to make sure that the person on the other end of the transaction is...
“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, VP and product line leader at Early Warning Services, LLC told PYMNTS. As the new WEB Debit Account Validation Rule...
March 24, 2022
Romance scams. Puppy scams. Peer-to-peer (P2P) fraud. Like COVID-19 variants, the fraudsters and the scammers’ schemes continue to morph and mutate, shifting to fit the digital age. We don’t always double-check to make sure that the person on the other end of the transaction is legitimate before we click the button to send payment, and […]
March 10, 2022
“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, VP and product line leader...
March 03, 2022
It’s not a question of if, but when, financial services will migrate to the cloud. Early Warning Services Chief Technology Officer Milind Nagnur told PYMNTS in an interview that “every...
February 18, 2022
Consumers always want more speed and expect security to always be top-notch, but traditionally there’s been a trade-off. More of one meant less of the other. In the latest On...
April 17, 2023
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) payment service rose 29% to 639 million and the amount of money sent grew 31% to $180 billion, Early Warning CEO Albert Ko said in a Monday (April 17) post […]
April 05, 2022
Early Warning Services LLC has teamed up with seven of America’s biggest banks to launch Authentify, an identity verification service for businesses and consumers. According to a company news release...
April 18, 2017
Early Warning Services, a real-time payment, authentication and risk mitigation company, announced Monday (April 17) that financial institutions in the Zelle Network processed more than 170-million person-to-person (P2P) payments in...
March 04, 2016
U.S. Bank announced yesterday (March 3) that it is going live on Early Warning’s clearXchange network to bring its customers real-time P2P payments. What this means is that U.S. Bank customers...
