Update: CNBC reports that the Consumer Financial Protection Bureau has dismissed its lawsuit against the three lead banks, as ...

The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to pr ...

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in ...

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

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

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 ...

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular ...

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments ...

One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle ...

Chase Bank will decline or block Zelle transactions initiated on social media. "If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social ...

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