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The Latest Breaking News from Zelle

More Americans than ever have bank accounts—FDIC boss credits this key technology

A simple banking innovation solves nearly every problem unbanked users say keeps them from getting an account.

Fortune

Election warning: Zelle CEO says elderly users face high risk of political donation scams

With reports of elderly victims of political scammers on the rise, the payment giant that transacted $481 billion in the first half of 2024 says families need to get involved.

Fortune

Massive Bank of America outage — live updates on $0 account balances

Bank of America customers across the U.S. are experiencing issues when checking their balances on both the company’s app and website.

Tom’s Guide

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read the most diverse news in one place.

Mystery group paid influencers tens of thousands to push sexual smears about Kamala Harris

Ex-congressman George Santos told The Independent he was invited to join call but objected to making such slurs about Harris

The Independent UK

Kiplinger Readers' Choice Awards 2024: Peer-to-Peer Payment Services

The winners of the Kiplinger Readers’ Choice Awards' best peer-to-peer payment services category. Our awards celebrate the very best products and services in personal finance.

Kiplinger

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

Chicago Sun-Times

Zelle makes a big change to its fraud policy

Political pressure combined with market pressure has forced big changes on the Zelle payment network.

The Street

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CIBC Agility Digital Banking Review 2023: High-yield savings and CDs for online banking customers

All you need is a $1,000 deposit to take advantage of CIBC’s great rates.

Fortune

FTC Cautions Consumers on Heels of Latest Zelle Scam

The FTC issued a warning about a scam involving fake job offers.

Kiplinger

Unexplained outage at Chase Bank leads to interruptions at Zelle payment network

An unexplained outage at Chase Bank has led to interruptions for users of the Zelle payment network, who took to social media to complain

The Independent UK

Your paycheck could clear faster now that the FedNow instant payment service for banks has launched

The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks

The Independent UK

Credit, Debit or Cash? Which is Best?

Credit or debit? Cash? Each payment method has pros and cons. Your best bet is to use a combination that meets your own needs.

Kiplinger

People Keep Asking Reddit If They're Being Scammed On Zelle And Venmo

One need only scroll through /Personalfinance subreddit for a constant flow of "am I being scammed?" posts.

The Street

Chase Online Banking Glitch Has Troubled Payments Network Going Crazy

Customers are complaining of double charges and duplicate transactions.

The Street

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Kiplinger

Chase Bank Reports Duplicate Zelle Payments Glitch

Chase bank confirmed customer complaints about a Zelle payments glitch registering duplicate transactions.

Fortune

SoFi review: earn up to 4.60% APY on free savings accounts

SoFi Bank offers a low-cost online banking option for digital-first consumers and 24/7 customer service hours.

Kiplinger

Kiplinger Readers' Choice Awards: Peer-to-Peer Payment Services

The winners of the Kiplinger Readers’ Choice Awards' best peer-to-peer payment services category. Our awards celebrate the very best products and services in personal finance.

The Street

Wells Fargo Under Fire Again With More Legal Problems

The San Francisco-based bank has paid several settlements over claims of various improper banking practices.

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Kiplinger

What to Look Out for Using Digital Payments Like Venmo and Zelle

More and more Americans have abandoned paper money and coins, but there are risks to using peer-to-peer digital payments.

Fortune

America’s biggest banks are teaming up to take on Apple Pay and PayPal with a new digital wallet. Analysts think it could flop

The company behind the popular payment service, Zelle, is launching a new wallet to compete with payment behemoths PayPal and Apple Pay.

The Street

Sen. Elizabeth Warren Tweets Shot at Bank of America, Zelle After Glitch Scares Customers

Some believe banks are not to be trusted with your money -- that between the size of a financial institution and the trustworthiness of its employees at every level, there's something about them that generates a sense of unease. While not everyone agrees with that perspective,some of the news about…

WEKU

Bank of America says the problem with Zelle transactions is resolved

The website Downdetector reported spikes in outages involving Bank of America and payment platform Zelle starting Wednesday morning.

The Independent UK

Zelle users report outage with bank-to-bank payment system

On Wednesday, Bank of America customers complained on Twitter about missing money

The Street

Zelle Issue: Bank of America Users Report Negative Balances After Bug

Zelle users took to Twitter to bemoan the loss of funds from their accounts as well as a lack of response from Bank of America and Zelle about the issue.

The Street

Scam Artists Are Finding New Ways to Rip You Off

New digital payment systems open up new options for fraudsters.

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