Zelle needs to fix ‘significant scams and fraud,’ lawmakers say
Summary by The Verge
1 Articles
1 Articles
All
Left
1
Center
Right
Zelle needs to fix ‘significant scams and fraud,’ lawmakers say
Banks are facing renewed pressure to protect their customers from scams on Zelle, the payment network owned by JPMorgan, Wells Fargo, Bank of America, Capital One, and other big banks. In letters to the banks, Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT), and Rep. Maxine Waters (D-CA) asked them how often their customers report Zelle scams that originate from social media. Last year, the Consumer Financial Protection Bureau (CFPB…
·United States
Read Full ArticleCoverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium