Payments app Zelle begins refunds for imposter scams

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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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