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Since the Internal Revenue Service reported that third-party payment processors will be responsible, starting in 2022, for reporting payments issued on a 1099-K form, people who use these ...
Consumer fraud is on the rise. "The FTC recently released data that shows consumers lost $8.8 billion last year to fraud, a 30% increase from the year prior," said Debt.com chairman Howard...
Zelle money transfer problems fixed at Bank of America. Customers were fuming Zelle is a peer-to-peer payment network similar to PayPal or Venmo that lets users send money from their online ...
Find: 3 Ways Smart People Save Money When Filing Their Taxes. That loophole is Zelle, a bank-to-bank payment service that does not hold funds. Because of its setup, Zelle claims that its payments ...
Zelle instructs users in the process of making a payment to be sure to send money only to people they know and trust. It's good advice, and it addresses part of the threat posed by scammers.
In 2021, lawmakers included a change to the tax law in the American Rescue Plan that requires third-party network transactions to note and report all payments greater than $600 sent through their...
RALEIGH, N.C. (WNCN) — A new lawsuit has been filed against the mobile money app Zelle. The Consumer Financial Protection Bureau is suing the operator of the app, along with three of its owners ...
As the Zelle website states, “Unlike a credit card, Zelle does not offer a protection program for any authorized payments made with Zelle — for example, if you do not receive the item or the ...