In this episode, Russ Jones welcomes Preston McCaskill, Chief Operating Officer for Zelle, an open loop fast payments network owned and operated by Early Warning Services that moves money directly between two bank accounts in the US.
Listen in as they discuss network's growth into small business payments, the onboarding process for financial institutions, and Zelle's settlement process and alias directory. They also cover expanding use cases like pilots in the bill pay domain, and Early Warning's intent to bring the same trust, speed, and convenience of Zelle to consumer cross-border payments with stablecoins.
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