Now, the federal regulator overseeing ... The receiving bank is then required to conduct a fraud investigation on the recipient and report back to Zelle. Some banks, such as Bank of America ...

Depending on the data, Zelle can be seen either as a leading target for fraudsters and scammers, or better than average at ...

Consumer Reports is calling on mobile payment apps such as Venmo, Zelle, Cash App and Apple Pay to strengthen fraud ...

Scams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate. This week, the Consumer Financial Protection Bureau launched an investigation into ...

Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank’s relationship with the government has become.

A proposed rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny that banks face. By Stacy Cowley The Consumer Financial Protection Bureau is warning ...

Institutions started to provide refunds to victims of Zelle scams in November 2023. Some banks have refused to offer refunds because the federal law protecting consumers from the theft of their ...

Around 2.7 million houses have solar panels nationwide, but as solar has become more popular, so has the prevalence of solar panel scams and illegitimate ... offers a 30% federal tax credit ...

This is especially true with Venmo since most money transfers typically cannot be canceled after they are made.This means that, if you discover you're a victim of fraud after you send a criminal ...

The lender disclosed that the Consumer Financial Protection Bureau could punish JPMorgan for its role in Zelle, the giant peer ... failing to compensate some scam victims, according to people ...

The vast majority of Zelle activity is uneventful; of the $806 billion that flowed across the network last year, only $166 million in transactions was disputed as fraud by customers of JPMorgan ...