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The Latest Breaking News from Zelle

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.

Fortune

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.

WEKU

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

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

The Independent UK

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Cash app scams were widespread in 2022. Here are some other common types of fraud

Users of payment services like Zelle and PayPal faced a growing number of scam calls and messages over the past year, a new report says.

Tribune News Service

Fraud on payment app Zelle is on the rise. How can you stay safe?

People are increasingly falling victim to fraud on the payment service Zelle, lured by scammers impersonating bank officials via text message or phone call — and in response to the prevalence of fraud, some banks are responding with a plan to reimburse scammed customers.

Tribune News Service

Zelle users have been scammed out of thousands. How to avoid being targeted on money apps

Money transfer apps are a convenient way to send and receive money, but scammers can use them to steal your funds.

Tribune News Service

5 Philadelphia Fintech Companies To Watch: Venmo, InstaMed And More

Fintech has not only changed the way we do business, but how we lead our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money straight from their phones, or Paypal and TorFx, to conduct business transactions.

Benzinga

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5 New York City Fintech Startups To Watch

Fintech is the newest and fastest way to process and deliver financial services. Whether you know it or not, you probably use some kind of fintech application right now, like Zelle or Venmo.

Benzinga

Elizabeth Warren Demands Answers From Wells Fargo On 'Alarming Pattern' Of Zelle Fraud

Sen. Elizabeth Warren (D-Mass.) says she wants answers from Wells Fargo & Co (NYSE: WFC) on the Zelle fraud.

Benzinga

Do you use Zelle? Here's how to spot increasingly common scams

Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers.

Los Angeles Times

Fraud, scam cases increasing on Zelle, Senate report finds

Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report coming out Monday from the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle

The Independent UK

Why didn't the U.S. aid with Cuba fire?

A humanitarian and ecological disaster unfolded 90 miles from Florida, and the U.S. just sat back and watched

Salon

Banks warn customers to be alert against imitators who seek digital access codes

Margie Morgan was recently scammed out of $2,000 in a scheme involving Zelle digital payments and a woman who posed as a representative of Wells Fargo.

Tribune News Service

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