Zelle triggers federal scam probe into top US banks  - Banking Risk and Regulation (2024)

More than half the US population now use payment apps like Zelle, Venmo or Paypal for swift and easy money transfers – but surging online fraud is pushing regulators to investigate how well these platforms – and banks – are protecting customers.

In the first half of 2024, ...

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Zelle triggers federal scam probe into top US banks  - Banking Risk and Regulation (2024)
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