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JPMorgan Chase spokesperson, Patricia Wexler, said in a statement provided to Fortune: "Rather than going after criminals, the CFPB is jeopardizing the value and free nature of Zelle, a trusted ...
Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy ...
Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank’s policies and if you authorized the transaction. Learn more in our ...
If your bank or credit union doesn’t use Zelle, your weekly send limit is $500 on the Zelle app. Bottom line Regardless of where you bank, you can use Zelle to send and request money securely.
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Good news for Zelle users. Thanks to a major policy change that was implemented in November, banks that utilize Zelle will now refund victims of imposter scams. Early Warning Systems (EWS), which ...