Early Warning Services LLC, a Scottsdale-based risk management and payment solutions company, recently appointed Albert āAlā Ko as CEO.
Early Warning Services is a FinTech (financial technology) company owned by seven of the nationās largest banks: Bank of America, BB&T, Capital One, JPMorgan Chase, PNC Bank, US Bank and .
Founded in 1995, Early Warning Services offers identity, authentication and payment solutions to financial institutions, providing a convenient and fraud-free transaction experience, according to the companyās .
āIām honored, humbled and excited to lead a company that has been at the epicenter of some seismic shifts in the banking industry,ā Ko said.
Ko last served as chief transformation officer at Intuit, the California-based financial services giant behind TurboTax.
At Intuit, Ko held numerous executive positions including general manager of Mint, Intuitās consumer-facing personal finance app, and head of product for Intuitās Small Business Group, where he fostered global expansion of the companyās QuickBooks, Payments and Payroll apps.
āEarly Warning is in a phenomenal position to lead the next wave of change,ā Ko said. āThe team, its technologies and its partners are transforming financial services, removing friction from experiences and making life easier for millions of consumers. I look forward to continuing our tradition of innovation and unlocking future growth opportunities.ā
Ko has ādedicated his career to serving the needs of customersā and is known for product innovation that is ārooted in deeply understanding the complicated needs of consumers,ā according to Early Warning Services.
āAl is an exceptional leader with a deep product management background and a strong track record of operational discipline,ā said Bill Wallace, chairman of the Early Warning Management Committee and head of digital for Consumer and Community Banking at . āHe is especially adept at leading businesses at scale, helping them reach their maximum potential. We look forward to him making a positive impact on Early Warning and on the banking industry at large.ā
Early Warning Services is best known as the owner and operator of the , a digital payment app and financial services network used by businesses and financial institutions of all sizes to make secure payments quickly. Early Warning Services said it considers Zelle to be its flagship product.
In quarter one of 2019, the Zelle Network saw $39 billion change hands through 147 million transactions, according to a .
āEarly Warning offers a rich portfolio of deposit and payment risk management, identity verification and authentication solutions for banks,ā Early Warning Services said. āThese offerings have been our foundation for nearly 30 years. The combination of Early Warningās risk and payment solutions enable the financial services industry to move money fast, safe and easy, so people can live their best financial lives.ā
As CEO of Early Warning Services, Ko will maintain the companyās core values, which are built on facilitating trusted exchanges between institutions as well as Zelle users, the company said.
āHeās focused on being agile so that the company doesnāt miss growth opportunities that meet our customersā ever-changing needs,ā Early Warning Services said.
Early Warning Services is currently not a part of but said it may consider participating in the future.






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