Tag: Zelle
Chase brings social media fraud into question with Zelle block
JP Morgan Chase (Chase) has added restrictions to Zelle after scams originating from social media continue to rise. The bank announced that starting next month,...
PayPal and other apps to face tighter CFPB regulations
The Consumer Financial Protection Bureau (CFPB) has expanded its oversight to include major nonbank digital transfer and payment app companies.This move marks the CFPB's...
PayPal reduces workforce by 9% amid rising competition
In its mission to revolutionise commerce, PayPal has cut 2,500 jobs in hopes to improve efficiency and focus.The payments giant announced the reduction of...
FirstBank unites with Finxact for new digital service
Emerging banking service, Finxact has announced that FirstBank, one of the largest privately held banks in the United States will launch new digital banking...
BHMI to support Zelle payments network back office
Provider of enterprise software applications Baldwin Hackett & Meeks (BHMI) has announced that Early Warning Services (EWS) has selected its concourse financial software suite...
