More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
Dec 20, 2024
A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to rush it to market to compete with Venmo and CashApp.
https://www.marketwatch.com/story/more-than-125-million-is-stolen-every-year-on-zelle-the-feds-say-little-is-done-to-stop-it-bc51c1f9?mod=mw_rss_topstories
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