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 ...
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 ...
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 ...
Now, the federal regulator overseeing financial products is probing whether banks that offer Zelle to their account holders are doing enough to protect them against scams. Two major banks ...
Now, the federal regulator ... to report that to Zelle, which will in turn inform the receiving bank of the complaint. That's true even for transfers within the same bank. The receiving bank is then ...
The online-payment platform Zelle is extremely popular with consumers, which helps explain why it’s also become a hit with scammers. Another reason: Zelle payments can’t be reversed once they ...