A lawsuit from the CFPB proves just how popular the peer-to-peer service is with fraudsters, and what makes it especially ...
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...
Consumers have been upset for years after being hit by a long list of scams, which can involve money being withdrawn from their bank accounts via Zelle. Crooks didn't need to send their victims ...
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
The series is available on a special page on Vox.com and on Vox’s YouTube channel. Zelle is available as a standalone app, though many consumers use it via a participating bank’s app. Many of these ...
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the peer-to-peer payment network. The Consumer Financial Protection Bureau (CFPB ...
ATLANTA — It’s become a common scheme – scammers calling you pretending to be with your bank wanting you to use Zelle to send money. After reporting on the scam for years, Channel 2 consumer ...
The IRS is moving forward with its new 1099-K tax reporting change. Here's what that means for you. Courtney Johnston Senior Editor Courtney Johnston is a senior editor leading the CNET Money team.
A typical Zelle scam starts with an unexpected call, email or text message that appears ... short time unless you immediately send a payment via Zelle. Phone number “spoofing” may make these ...