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 ...
Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...
The Verge16d
Chase will start blocking Zelle payments over social media
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 ...
9to5Mac16d
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 made through social media networks and messaging apps. Chase said that Zelle was ...
Marketplace23d
Zelle processed $1 trillion last year, it says, setting record for payment apps
Sign up for the Marketplace newsletter to get the day’s biggest business stories, our economic analysis, and explainers to help you live smarter, straight to your ...
NBC Chicago22d
Zelle payments top $1 trillion in 2024 as network's growth outpaces rivals including PayPal
Zelle crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. The payments network said its user base jumped 12% to 151 million accounts in ...
American Banker16d
JPMorgan Chase plans Zelle restrictions due to scam risk
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 ...
Digital Trends17d
Chase’s latest move will help cut fraud, but Zelle users may not like it
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 ...
as.com12d
JPMorgan Chase launches new restrictions on Zelle after $870 million lost in scams at Chase, Bank of America and Wells Fargo
One of America’s biggest banks is making big changes after customers lost hundreds of millions of dollars in scams utilising the peer-to-peer payment system Zelle. From March JP Morgan Chase ...
NerdWallet27d
Zelle for Business: How It Works, Which Banks Offer It
The platforms can share data, and Square checkout devices can display Cash App QR codes for direct payment. However, unlike Zelle, Cash App charges a 2.75% processing fee. Standard transfers take ...
Push Square18d
Xbox to Put PS5 Logos in Future Showcases, Says Phil Spencer
Xbox boss Phil Spencer has stated that future livestreams and showcases from Microsoft shall feature PlayStation and Nintendo logos when they're relevant. Talking to XboxEra, Spencer explained ...
New Haven Register11d
They crossed the Darien Gap to reach the US. Now, boat-by-boat, migrants are returning
Paying via Zelle and other money-transfer apps, for many it was the the last of their money, after having spent almost everything in pursuit of their American dream. Castillo was plagued with ...