This episode explains what the new Paze digital wallet is. This new app is aiming to compete with PayPal and Apple Pay. Paze has been developed and will be operated by bank-owned financial technology company Early Warning Services, LLC, which also operates the Zelle app. Early Warning Services, LLC is owned by JP Morgan Chase & Co, Bank of America Corp, Capital One Financial Corp, PNC Financial Services Group, Truist Financial Corp, U.S. Bancorp, and Wells Fargo & Co.
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