The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...
In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...
If you’ve never used this service before, you might be wondering: How do I actually receive money through Zelle? We'll break ...
JPMorgan Chase Bank (Chase) is about to implement new restrictions on Zelle payments to combat a sharp increase in scams exploiting the digital payment service. Beginning March 23, Chase will block or ...
"If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social media, we may, in our discretion, delay, decline, or block that payment ...
especially when the merchandise is sold by small businesses they want to support. Not everyone will like the idea of being unable to send a Zelle payment to their favorite small owner in an ...
Chase may further decline payments or restrict user's use of Zelle if they do not respond truthfully to inquiries about the payment. Nearly 50% of scams reported to JPMorgan by its customers originate ...
If Chase suspects you may be trying to use Zelle over social media, the company may block or delay the payment while it verifies your identity and the person sending or receiving money.
Chase said that Zelle was intended as a method of transferring money to family, friends, and other trusted contacts, and should never be used to make online purchases … Peer-to-peer payment apps ...