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

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

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 ...

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

Chase Bank is going to make it harder to use Zelle for transactions stemming from social media. In an update to its policy on ...

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

Zelle is operated by Early Warning Services, which is owned by seven banks, including JPMorgan Chase. “We’ll decline those transactions because Zelle is meant to pay friends, family and other ...

The policy, which will go into effect on March 23rd, 2025, will mark a level of increased scrutiny from Chase on any ...

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 ...

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 ...

"If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social ...