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

The Zelle service “should not be used to pay for goods from recipients with whom you are not familiar,” such as social media marketplaces or messaging apps, it adds. Going forward, Chase may ...

About 3% of Zelle users reported losing money to scammers, compared to an average of 7% on all other P2P payment apps, according to a July 2024 JD Power study. Five percent reported sending money to ...

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 ...

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 ...

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