Why Early Warning's Zelle Network Could Be a Venmo Killer

The video discusses the rise of mobile banking and introduces Zelle as a new player in the market, backed by major banks. It highlights Zelle's integration with existing banking apps, its generally fee-free service, and its advantages over other payment systems like Venmo and PayPal. The video also covers Zelle's market position, its potential to drive a cashless society, and its expansion plans, while noting its current domestic focus.

Why might consumers prefer Zelle over traditional cash and check payments?

What challenges does Zelle face in becoming a widely adopted payment system?