The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

The Zelle platform hit $1 trillion in transactions over its network in a single year among its 151 million enrolled users, ...

It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...

Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.

Zelle, of course, is hardly the only P2P thoroughbred in this horserace. PayPal, which also acquired Venmo in 2013, reported total P2P payment volumes of over $400 billion last year. (PayPal was ...

Zelle was launched in 2017 in response to the rise of platforms such as Venmo, PayPal and CashApp. Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in ...