The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...

Bank of Ireland is encouraging consumers to chase out the scammers this St Patrick’s Day and ensure their finances don’t ...

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

Emma Woodward is a personal finance writer with a passion for simplifying tricky financial concepts. She has covered loans, budgeting and credit cards for Bankrate, The Financial Diet, Finch ...

The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

"Zelle is designed for sending money to others you know and trust, not for buying things on social media," a JPMorgan Chase spokesperson told American Banker in an email, adding the bank wants to help ...

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

The policy starts March 23. Chase Bank is updating a policy that would block Zelle transactions through social media while making an effort to cut down on scam transactions, Gizmodo reports.

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. Zelle is a highly popular ...

In response to Chase’s new policy, Zelle spokesperson Jane Khodos said, “Banks are working to stop scams where they originate, helping to prevent criminals from stealing money from hardworking ...

filed a lawsuit against Zelle and Chase, along with two other banks that own Zelle — Wells Fargo and Bank of America — accusing them of “failing to protect consumers from widespread fraud on ...

Chase may further decline payments or restrict user's use of Zelle if they do not respond truthfully to inquiries about the payment. Nearly 50% of scams reported to JPMorgan by its customers ...