Latest News
Zelle® Announces $44 Billion Sent on 171 Million Transactions in Q2 2019
Early Warning Services, LLC, the network operator behind Zelle®, today announced $44 billion was sent through the Zelle Network® on 171 million transactions during Q2 2019. Year-over-year payment values increased by 56%, while transaction volume increased by 71%. Nearly 500 financial institutions are contracted to participate on the Zelle Network, including 179 that are online today and processing transactions.
“More than 64% of U.S. demand deposit accounts will have access to Zelle through the 480 financial institutions contracted to join the Zelle Network,” said Al Ko, Chief Executive Officer at Early Warning. “We continue to see double-digit increases in new customer wins each month, demonstrating continued demand for Zelle from national and regional banks and credit unions.”
Consumers continue to adopt Zelle for everyday person-to-person payments, from paying their personal trainer, paying back a friend for last night’s dinner, splitting costs while traveling, and gifting or sending and receiving funds for emergencies.
“In addition to increased financial institution participation, it’s the adoption of P2P across generations, trust in using a service included in mobile banking apps and the utility of P2P in everyday life, that we can attribute to the popularity and success of Zelle,” said Lou Anne Alexander, Group President, Payments Solutions at Early Warning.
SOURCE Early Warning Services, LLC
Blockchain
Trident Reports First Half 2024 Unaudited Financial Results
Blockchain
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
Blockchain
Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum
-
Blockchain Press Releases7 days ago
Sweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
-
Blockchain5 days ago
Reynold Lemkins Group Attends The Asset ESG Annual Summit to Explore New Paths for Corporate Sustainable Development
-
Blockchain Press Releases6 days ago
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
-
Blockchain Press Releases6 days ago
Compass Mining Expands into Iowa with New 30 MW Bitcoin Mining Facility
-
Blockchain5 days ago
Bybit Web3 Deepens Outreach and Support for TON Community with TON Foundation, TON Society, and TON X at Devcon 7
-
Blockchain4 days ago
Co-branded Credit Card Market Trends and Industry Forecast, 2025-2030 – Untapped Sectors like E-Sports and Decentralized Platforms in the Crypto Space Present Business Opportunities
-
Blockchain Press Releases4 days ago
KryptoGO Empowering Enterprises with Ready-to-Deploy Wallet Technology
-
Blockchain6 days ago
WhiteBIT Exchange Celebrates 6 Years of Innovation and Partnerships in the Crypto Industry