Chase Limits Zelle Payments Linked to Social Media Fraud Risks | Fintech InShorts: Latest fintech news, analysis by experts

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Chase Limits Zelle Payments Linked to Social Media Fraud Risks | Fintech InShorts: Latest fintech news, analysis by experts

A New Policy to Combat Rising Fraudulent Transactions Highlights: Chase is implementing new restrictions on Zelle payments to safeguard users from fraud. These changes are a direct response to the increase in scams promoted via social media platforms. The bank aims to provide enhanced financial security for its customers amidst rising digital payment fraud. Chase Bank is taking significant steps to protect its customers by limiting Zelle paymen…