More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to ...
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
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More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
A lawsuit filed by the CFPB says Zelle and the big banks that own it left ... that appeared possibly fraudulent or to shut accounts down quickly even when there were clear signs that they may ...