The CFPB, under acting director Russell Vought, dropped a lawsuit today against three of the largest banks in the U.S. The ...

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Chase said that Zelle was intended as a method of transferring money to family, friends, and other trusted contacts, and should never be used to make online purchases … Peer-to-peer payment apps ...

If Chase suspects you may be trying to use Zelle over social media, the company may block or delay the payment while it verifies your identity and the person sending or receiving money.

"If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social media, we may, in our discretion, delay, decline, or block that payment ...

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 lawsuit, filed in December, accused Zelle’s parent company, Early Warning Services, along with JPMorgan Chase, Bank of ...

Last year's payment volumes were "by far the most money ever moved by a P2P payments service in a single year," Denise Leonhard, general manager of Zelle, told CNBC. Its growth rate last year ...

Chase may further decline payments or restrict user's use of Zelle if they do not respond truthfully to inquiries about the payment. Nearly 50% of scams reported to JPMorgan by its customers originate ...