Now, the federal regulator overseeing ... The receiving bank is then required to conduct a fraud investigation on the recipient and report back to Zelle. Some banks, such as Bank of America ...
The FBI launched a new nationwide campaign this past week to raise awareness of the surge in online fraud and scams impacting ...
Banks say their customers love Zelle, but lawmakers say Zelle doesn’t do enough to protect users who lose money to scams.
Scams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate. This week, the Consumer Financial Protection Bureau launched an investigation into ...
“The probe focuses on JPMorgan ... probing the handling of customer disputes via Zelle… Banks have argued that covering the cost of scams will encourage more fraud and potentially cost ...
From splitting a meal to booking a family vacation, millions of people worldwide use Zelle to transfer money to friends, family and others. But a growing number of users are being targeted by scammers ...
Federal authorities are investigating how banks reimburse consumers who are scammed on Zelle. Lawmakers say the banks behind payment apps need to offer more protections. Zelle says it should fall ...
Scams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate. This week, the Consumer Financial Protection Bureau launched an investigation into JP ...