Digital Transactions Authoritative, insightful and timely information for payments professionals
Zelle Banks Issue Refunds; Fanatics Picks Paysafe; Klarna’s Creators Customization
Search Results for: zelle
In An About Face, Zelle Banks Issue Refunds to Users Victimized By Scams
Banks in Zelle, the peer-to-peer payment network operated by Early Warning Services LLC, have been issuing refunds to consumers duped by fraudsters into sending money using the network, according to a report Monday by Reuters. The reimbursements, which the banks have reportedly been paying out since June 30, represent a …
Read More »Eye on P2P Payments: Hallmark Adds Venmo Gifting; Zelle Second Quarter Volume up 10%
Sending cash with birthday cards in the mail is risky, but now Hallmark Cards Inc.’s service with Venmo makes it easier and presumably safer. The new Hallmark + Venmo line of cards includes a QR code inside the card that recipients scan to receive the funds to their Venmo accounts. …
Read More »Former BMO Executive Fowler Takes Over at Zelle Parent Early Warning
Early Warning Services LLC, which operates the Zelle peer-to-peer payment network, announced early Friday it has appointed Cameron Fowler as chief executive, effective October 2, 2023. Fowler replaces Albert Ko, who left the company in May to become CEO of Auctane, which provides shipping software and operates such brands as …
Read More »A Chase Snafu Doubles Zelle Debits; Stripe Debuts SMB Charge Card Issuing; Plus Weekly Recap
A Snafu at Chase Doubles Debits for Zelle Users
[Updated with new information over the weekend] An unknown number of Chase online-banking customers experienced duplicate Zelle debits to their accounts on Friday, while most anecdotal evidence suggests payees received only one payment. Zelle, the online peer-to-peer payment service, is integrated into Chase’s mobile app and online site. Early Warning …
Read More »Zelle’s Big Year; GoDaddy Adopts Tap to Pay; NCR Investigates a Ransomware Attack
Card Skimming’s Dramatic Growth; Zelle Eyes SMBs for Growth; Plus Weekly Recap
Zelle Sees Promising Growth in Small Business Payments As It Confronts Senators’ Scam Probe
Early Warning Services LLC, operator of the Zelle peer-to-peer payments network, is celebrating a year just passed in which both dollar volume and transactions processed rose at double-digit rates. But the company also has its eye on promising markets like small businesses and on countering charges from U.S. Senators about …
Read More »Observers Split on Banks’ Fed Plea; Zelle’s Numbers; Repay Sells a Software Unit
