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 ...
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 ...
Now, the federal regulator overseeing financial products is probing whether banks that offer Zelle to their account holders are doing enough to protect them against scams. Two major banks ...
Lisa McRee talked to L.A. Times deputy editor Jon Healey about a federal investigation into Zelle scams.
Now, the federal regulator ... to report that to Zelle, which will in turn inform the receiving bank of the complaint. That's true even for transfers within the same bank. The receiving bank is then ...