The bank hopes to thwart social media scams by blocking some Zelle payments. Here's how you can send money instead.
What Is Zelle? Zelle is a peer-to-peer payment tool that allows users to quickly send money between U.S. bank accounts. Once ...
Chase said it's hoping to stop fraud before it happens. Scammers will use social media to get consumer’s personal information and money. The updated service agreement will allow the bank to decline or ...
Starting March 23, Chase Bank will decline or block Zelle transactions initiated on ... such as social media marketplaces or messaging apps, it adds. Going forward, Chase may request more ...
Peer-to-peer payment apps like Zelle, Venmo, and Apple Pay Cash really took off during the pandemic, and are now a well-established way for people to make instant cash transfers between friends.
Chase Bank has warned customers that it will block some Zelle payments starting March 23 following a major uptick in fraud and scam reports. Zelle is a money transfer app in bank accounts and ...
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump administration's latest move to drop agency enforcement actions.
over alleged unchecked fraud on the Zelle payment app, setting up a legal showdown that the incoming Donald Trump administration could quash as soon as next month, the Los Angeles Times has reported.
The Trump administration isn't slowing down its efforts to defang the Consumer Financial Protection Bureau, with lawsuits ...
A December 2024 lawsuit by the Consumer Financial Protection Bureau alleged that customers at JPMorgan Chase, Bank of America ... million through Zelle payments since the app launched in 2017.