Zelle introduced an application that permits charitable disbursements from donor advised funds (DAFs), according to a Thursday (March 12) press release emailed to PYMNTS. The new offering, announced in partnership with Bank of America, lets nonprofits receive charitable grant funding in near real time, replacing...
Zelle operator Early Warning Services (EWS) and payments company and banking association The Clearing House are reportedly both considering their own, separate stablecoin projects. EWS plans to explore issuing its own stablecoin aimed at retail bank customers, Yahoo! Finance reported Thursday (Sept. 11), citing unnamed...
Zelle operator Early Warning Services is being sued by New York State Attorney General Letitia James, who alleged that the company fails to protect its users from “massive amounts of fraud.” The Office of the New York State Attorney General said in a Wednesday (Aug. 13) press release that its investigation...
Three members of Congress said Thursday (July 3) that they sent a letter to each of the banks that own the Zelle peer-to-peer (P2P) payment platform, asking what those banks are doing to combat social media scams. The letters were prompted by a proliferation of...
July 03, 2025
Recent data underscores a durable trend: Consumers expect and demand instant access to their money, particularly for larger sums, and exhibit clear preferences for where this money lands — primarily their bank accounts and often digital wallets. This imperative is not just about speed; it’s rooted in a deep-seated need for certainty and financial control, […]
June 02, 2025
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the...
January 16, 2025
Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. As adoption expands, however, these platforms face the challenge of balancing user convenience...
August 02, 2024
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...
June 18, 2026
Zelle network operator Early Warning Services plans to launch a proprietary U.S. dollar-backed stablecoin as part of its strategy to expand Zelle person-to-person digital payments beyond the United States. The ZelleUSD (ZLUSD) stablecoin will support future international payment capabilities, giving U.S. consumers another way to send money to friends and family around the world, the company said […]
March 12, 2026
Zelle introduced an application that permits charitable disbursements from donor advised funds (DAFs), according to a Thursday (March 12) press release emailed to PYMNTS. The new offering, announced in partnership...
September 11, 2025
Zelle operator Early Warning Services (EWS) and payments company and banking association The Clearing House are reportedly both considering their own, separate stablecoin projects. EWS plans to explore issuing its...
August 13, 2025
Zelle operator Early Warning Services is being sued by New York State Attorney General Letitia James, who alleged that the company fails to protect its users from “massive amounts of fraud.” The Office of the...