Source: Aria Systems
Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that Early Warning Services, LLC, a fintech company and the network operator behind Zelle®, has selected the company’s cloud billing and monetization platform.
The scalable and flexible nature of Aria’s platform will enable Early Warning to accelerate revenue growth generated from existing and new subscription- and usage-based products. The company will be able to deliver an enhanced experience for financial institutions highlighted by the introduction of real-time usage notifications.
“The Aria platform is ideal for a company like Early Warning that offers financial institutions multiple consumption-based pricing and payment options,” said Tom Dibble, President & CEO, Aria Systems. “Early Warning sought a modern and agile billing system capable of supporting its broadening product portfolio, growing its base of subscription-based accounts and ensuring an enhanced experience for financial institutions. This is exactly what the Aria platform delivers. We are very pleased to welcome Early Warning to the Aria family.”
The growth of Early Warning’s fintech products, including Zelle, necessitated a modern billing system flexible enough to handle multiple pricing models and scalable enough to support the company’s increasing volume of transactions.For the 2019 calendar year, the Zelle Network® processed $187 billion in payments on 743 million transactions. In addition, Aria’s platform will enable Early Warning to respond to customer demands for more detailed billing information and will automatically deliver timely notifications to financial institutions.
“As we engaged in the process to identify and secure a new billing partner, Aria’s proven track record of execution, functionality of its platform, and ability to meet our needs for scalability and flexibility stood out,” said Mark Travi, Chief Financial Officer at Early Warning. “We look forward to leveraging the power and agility of Aria’s billing platform to capitalize fully on the opportunities to generate revenue across our portfolio of financial offerings.”