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 ...

Zelle, the payments app you likely use primarily to send rent to your landlord, is at the center of a lawsuit announced Friday by the Consumer Financial Protection Bureau (CFPB). The CFPB is suing ...

One of America’s biggest banks is making big changes after customers lost hundreds of millions of dollars in scams utilising the peer-to-peer payment system Zelle. From March JP Morgan Chase ...

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments made through social media networks and messaging apps. Chase said that Zelle was ...

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 ...

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 ...

Zelle crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. The payments network said its user base jumped 12% to 151 million accounts in ...