JPMorgan Chase Bank (Chase) is about to implement new restrictions on Zelle payments to combat a sharp increase in scams ...

JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in ...

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 ...

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments ...

Bank of America, and Wells Fargo, claiming that customers of the banks lost more than $870 million over Zelle's seven-year existence. A statement from the CFPB said Zelle and the banks failed "to ...

“Zelle is not just a popular way to send money, it’s a vital tool that’s transforming how money moves across America,” said Denise Leonhard, general manager of Zelle, in a statement.

Customers of Chase Bank ... to other Zelle users through a phone number or email address. This service has helped major banks bridge the gap between their old-fashioned wire or ACH transfers ...

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