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US banks roll out Zelle P2P money transfer app to take on Venmo

A consortium of US banks, including Wells Fargo, JPMorgan Chase and Bank of America, are rolling out a new P2P money transfer app to take on Venmo and other mobile payment upstarts. The app, named Zelle, will offer the same kind of instant, P2P money transfers users of Venmo have been making for years – and [...]

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