Banks plan to start reimbursing some victims of Zelle scams
Sen. Warren blasted the CEOs of several banks: "When someone is defrauded, you claim that's the customer's problem." Read more at Bosto.com.
Source: boston.com
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Elizabeth Warren sharpens attack against Zelle system
Sen. Warren on Wednesday sent a letter to Consumer Financial Protection Bureau Director Rohit Chopra, calling for expanded regulations after she collected private data on rising fraud rates on Zelle from some of the country's largest banks.
Source: americanbanker.com
Early Warning Releases Statement Regarding Recent Reports of Fraud and Scam Rates
/PRNewswire/ -- Early Warning Services, LLC, the network owner and operator of Zelle®, today responded to misleading reports of fraud and scams on the Zelle...
Source: prnewswire.com
'Pay Yourself' scams becoming common scenarios
Since the start of 2021, 192,878 scams and cases of fraud were reported.
Source: 12news.com
Zelle scams: What to watch for and how to respond
A new report released by Sen. Elizabeth Warren shows more scammers taking advantage of Zelle users, and that banks often don't reimburse customer losses.
Source: latimes.com