FIS has added Zelle, Early Warning’s P-to-P system (formerly clearXchange), to its offerings as it seeks to expand its real-time payments suite.
The financial technology vendor partnered with Early Warning to enable its customers to join the Zelle Network quickly and easily.
“Offering Zelle aligns with our global initiatives in real-time payments frameworks and extends our portfolio of solutions that help financial institutions fulfill the growing customer demand for instant money movement,” Scott Coffing, an executive in FIS’ corporate and digital services division, said in a Nov. 30 news release.
At launch, Zelle will be accessible to more than 76 million U.S. mobile banking users, FIS said in the release. Early Warning will embed Zelle in its network banks’ online and mobile banking channels and release a P-to-P payments mobile app for consumers in 2017, it said last month.
The solution will bring mobile and online consumer experiences, alerts and notifications, faster account integration, as well as capabilities for product support, regulatory compliance, risk management and anti-money laundering services to FIS institutions.
Early Warning also reached a pact with the bank tech vendor Jack Henry this week to offer Zelle to its bank and credit union clients.