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Payments app Zelle begins refunds for imposter scams

By Hannah Lang

Nov 14 2023 12:34PM

After political pressure.

Payments app Zelle begins refunds for imposter scams

Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by US lawmakers and the US federal consumer watchdog, in a major policy change. The 2100 financial firms on Zelle, a peer-to-peer network owned by seven banks including ...

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