Zelle users beware: scammers are exploiting the popular payment app's speed and irreversibility. Referee threatened to award ...

How it's different from Zelle: When you pay someone or get paid, the money stays in the Venmo account until it's transferred to a bank account (which can take a couple of days), or you use the ...

TurboTenant breaks down the risks that a rental business may face if it chooses to accept rent with Zelle, Venmo, cash, or ...

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...

Beyond the limits, Zelle is also risky for rent collection due to the potential for a tenant to accidentally pay the wrong person. Zelle payments are not easily trackable for businesses ...

Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have ...

claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.

The lawsuit alleges the banks rushed to complete the Zelle payment network in order to compete with Venmo and CashApp. The lawsuit further alleges that the banks “systemically failed” their ...