Zelle

Zelle Reportedly Steering Users to Banking Apps
Zelle Reportedly Steering Users to Banking Apps
October 31, 2024  |  Mobile Applications

Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on...

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Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
Bank of America May Ask Courts to Resolve CFPB Zelle Investigation
October 30, 2024  |  Banking

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle...

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Early Warning: Zelle Transaction Volume Rose 27% in First Half
Early Warning: Zelle Transaction Volume Rose 27% in First Half
October 17, 2024  |  Payment Methods

The Zelle person-to-person (P2P) payments network continued growing in the first half of the year. The number of transactions sent via the network increased 27%...

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This Week in B2B: Junking Clunky Systems and Embracing Innovation
This Week in B2B: Junking Clunky Systems and Embracing Innovation
September 26, 2024  |  B2B Payments

Where the consumer space is nimble and flexible, the B2B landscape can be comparatively stiff. But when momentum builds in B2B, it can be hard...

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Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024  |  Fraud Prevention

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan...

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JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
August 04, 2024  |  Security & Fraud

JPMorgan Chase could be headed for a dust-up with the Consumer Financial Protection Bureau. In its “Consolidated Financial Statements” for the six months ending June...

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More Than Half of US Consumers Use P2P Apps to Send Money
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024  |  Security & Fraud

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns...

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Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there’s still...

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P2P Payments Bring Convenience and Flexibility to Retail
P2P Payments Bring Convenience and Flexibility to Retail
June 03, 2024  |  Retail

Peer-to-peer (P2P) payments are revolutionizing the retail landscape, with major players ranging from Starbucks to eBay embracing the capability to offer consumers more convenient and...

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