The controversial payment service Zelle has been used by fraudsters, leading to a massive lawsuit against the operator and ...

The amended language in the bank's terms and conditions will halt payments to social media sellers. It comes as banks on the ...

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

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

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

The bank-owned payments app saw the number of total transactions jump 24% compared with 2023. Small business transactions ...

Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped ...

According to industry reports: Zelle scams accounted for millions in losses in recent years Social media-based fraud is one of the fastest-growing financial crime categories Victims often have little ...

Scams on social media marketplaces are on the rise, with nearly half of reported fraud cases originating from these platforms ...

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025 ...