In this case: A bank’s duty in a Zelle scam A scammer posing as an Audible representative tricks a customer and steals $3,495 through a Zelle transfer. Federal law (Regulation E) protects consumers ...
Digital banking apps have quickly grown in popularity thanks to its ability to make money transfers almost instantaneously with the touch of a button rather than waiting for wire transfers to be ...
James' office wrote in a press release that an investigation it conducted found that Zelle's operator, a company called Early Warning Systems (EWS), "designed Zelle without critical safety features, ...