With only 38% of fraud losses recovered, Zelle users face a growing threat from sophisticated scammers.

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

The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...

She pointed out that there are also “Buy Nothing” groups on Facebook where people are giving away items for free. Those compete with local resellers, also. “I give my clients two weeks ...

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025, the ...

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 ...

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 ...

The company has introduced measures to reduce fraud and has said that 99.95% of transactions are free of fraud and scams. Growth is being driven as bank customers increasingly use Zelle instead of ...

Bank of America said it opposed the CFPB lawsuit when it was filed, describing it as imposing huge new costs on banks and credit unions offering free Zelle service to clients. Early Warning Services, ...