Zelle and other digital payment apps, such as Venmo and Cash App, make it easy for scammers to get your money, and many ...
If you suspect you've fallen for a digital payment app scam, contact the app and your financial institution immediately.
Launched in 2017, the Zelle network aimed to be the go-to alternative to money transfer giants like Venmo and Cash App. It is owned by seven major banks, including JPM, BAC and WFC. The app ...
"Fraud has become increasingly common on payment apps like Zelle and consumers have little chance of recovering their money from their bank if they get tricked into sending a payment to scammers ...
A spokeswoman for the payment app’s parent company said the lawsuit ... the agency had described as shoddy safeguards on their Zelle money transfer network that allowed scammers to steal ...
The Consumer Financial Protection Bureau has dropped its lawsuit against Early Warning Services, the company that runs peer-to-peer payment platform Zelle, CNBC reports. The lawsuit was brought in ...