A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments ...
Almost three-quarters of U.S. consumers use mobile payment systems like Zelle, Venmo and Cash App, but regulation is limited.
Peer-to-peer payments are a fast-growing way for consumers to pay bills and exchange funds. And the horserace for market leadership in that field has a new leader. In 2024, Zelle topped $1 ...
Customers of Chase Bank and other financial institutions have benefited from the increased speed and convenience of new peer-to-peer payment services, but things don't always go smoothly.
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Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.
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