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The Consumer Financial Protection Bureau is expected to issue guidance soon around fraud liability on digital payment platforms, and the thorniest question concerns who pays for customers' mistakes.
Nearly 18 million people have been hit by "widespread fraud" on money transfer apps. One woman's bank gave an odd response when she asked for help.
Multiple class actions claim that banks and credit unions are not doing enough to prevent scammers from exploiting the near-instant peer-to-peer payment network.
US Sens. Elizabeth Warren and Robert Menendez sent a letter to Early Warning Services regarding how it's handling fraud on Zelle.
/PRNewswire/ -- Allied Market Research published a report, titled, "Out-of-band (OOB) Authentication Market by Component (Solution, Services), by Deployment...