Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...
Zelle scams lead Chase Bank to block some payments; government lawsuit dropped [U]
Update: CNBC reports that the Consumer Financial Protection Bureau has dismissed its lawsuit against the three lead banks, as ...
American Banker15d
JPMorgan Chase plans Zelle restrictions due to scam risk
The amended language in the bank's terms and conditions will halt payments to social media sellers. It comes as banks on the P2P app face increased political pressure to step in and stop payments to ...
Black Enterprise on MSN14d
Chase To Block Zelle Social Media Transactions To Combat Fraudulent Payments
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Chase and Zelle, accusing the companies of failing ...
Zelle scams lead Chase Bank to block payment to social media contacts
A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments ...
Explícame on MSN1d
Updated transfer limits in Zelle, by bank
Zelle has revolutionized the way we transfer money, offering a fast and simple solution for sending funds. However, each bank ...
Black Enterprise15d
Chase To Block Zelle Social Media Transactions To Combat Fraudulent Payments
As Zelle has a “no refund” option, the company doesn’t offer purchase protection, meaning there is no way of getting your money due to a scam. “Banks are working to stop scams where they ...
ConsumerAffairs2d
Beware of imposters posing as your electric company
Among the scams causing the most harm to consumers is a scheme in which an imposter pretends to be from a utility company and ...
Consumers don't need more hidden fees, tricky loans, or a repeat of the financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...