TurboTenant breaks down the risks that a rental business may face if it chooses to accept rent with Zelle, Venmo, cash, or ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have ...
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
This is evidenced by their recent lawsuit against the fintech payment service Zelle. The CFPB is suing Zelle arguing that it should be forced to reimburse anyone who unwittingly transfers their ...
Last year, we processed 99.95% of payments without a report of fraud or scams, making Zelle one of the safest ways for consumers to pay people they know and trust.” Among the top fraud-prevention tips ...
In addition to scammers luring their victims to pay for worthless items through Zelle, scammers are also sending phishing emails and text messages in which they lure their victims into providing ...
Beyond the limits, Zelle is also risky for rent collection due to the potential for a tenant to accidentally pay the wrong person. Zelle payments are not easily trackable for businesses ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...