Zelle operates at such a large scale — $806 billion transferred in 2023 — that even a tiny percentage of scam and fraud problems translates into a large amount of money. (Nikolas Kokovlis / Associated ...

Brian Kemm, a Bank of America customer who lost $300 last November because of a misdirected Zelle payment, in Pasadena, Calif., April 18, 2018. Zelle, a service that allows bank customers to instantly ...

Zelle is an electronic person-to-person payment service offered by many U.S. banks as an alternative to nonbank P2P services, like PayPal or Venmo. Zelle is convenient if you have a bank checking ...

A CFPB rule designed to give consumers more control over their financial data is now in limbo, as banks and fintech companies ...

NEW YORK (PIX11) — Hundreds of customers with TD Bank, Zelle and multiple other banks reported issues with logging into their accounts and sending payments on Friday morning, according to DownDetector ...

If Zelle is your preferred way to send money online, you have one less way to do it. On April 1, the digital payment service shut down its standalone app. But don't panic. The Zelle app may be gone ...

The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment system, ...

See if your bank participates in Zelle’s peer-to-peer transfer network. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

The online-payment platform Zelle is extremely popular with consumers, which helps explain why it’s also become a hit with scammers. Another reason: Zelle payments can’t be reversed once they’re sent.