Zelle may not have its own clothing line or suggest emojis when you pay your friend, but the peer-to-peer payment service is moving serious money, and that seems to be Read more
Tag: Zelle
Wells Fargo failing customers as Zelle scams soar, Sen. Warren charges in letter
Sen. Elizabeth Warren is tightening the pressure on Wells Fargo CEO Charles Scharf, just one among major bank executives that the Massachusetts Democrat is targeting amid evidence of repeat fraud Read more
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the country’s seven largest Read more
Users of payment services like Zelle need better scam protection, Dems tell CFPB
It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmakers Read more