Are Banks Doing Enough to Protect Customers from Zelle Scams? US Launches Federal Probe

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By EditorDavidAug 11, 2024, 11:34 pm241 ptsTop
"Zelle payments can't be reversed once they're sent," notes the Los Angeles Times — which could be why they're popular with scammers. "You can't simply stop the payment (like a check) or dispute it (like a credit card). Now, the federal regulator overseeing financial products is probing whether banks that…

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