JPMorgan is under fire for Zelle scams. The app says the solution is more money for law enforcement
transparent and legal. JPMorgan confirmed they are under investigation. Wells Fargo and Bank of America declined to comment.
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$870M in Zelle fraud losses spark lawsuit against platform, 3 major banks
The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to ...
The Verge15d
Chase will start blocking Zelle payments over social media
Chase will ‘decline or block’ Zelle payments stemming from social media starting March 23rd. Chase will ‘decline or block’ Zelle payments stemming from social media starting March 23rd ...
Digital Trends16d
Chase’s latest move will help cut fraud, but Zelle users may not like it
Chase Bank will be blocking Zelle payments to sellers on social media platforms and messaging apps starting March 23. The banking company updated its user policy on Monday (via Bleeding Computer ...