Zelle is a payments network that allows people to send instant money transfers from their bank account to another person's bank account. Launched in early 2017 by Early Warning with just 17 ...

Bill Halldin, a spokesperson for Bank of America, said in a statement to ... joined forces to launch Zelle once the banks saw that they were losing out to other money transfer platforms, such ...

“The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” CFPB Director Rohit Chopra said in a statement ... the bank over transfers of funds ...

According to a new lawsuit, banks using Zelle don’t do enough ... Bill Halldin of Bank of America said that when an unauthorized transfer is made, the bank reimburses the customer for the ...

said in a statement to the Detroit Free Press that the bank strongly disagreed with the “CFPB’s effort to impose huge new costs on the 2,200 banks and credit unions that offer the free Zelle ...