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Beware the Zelle Money Scams

Technology has made it easy to send payments digitally, but it's also open to being exploited by thieves. A recent Senate report highlighted fraud scams committed on Zelle and how banks are failing to do anything to protect users on the peer-to-peer finance platform. Here's what you need to know and things to look out for to avoid being scammed.

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    • Money Laundering
    • Personal Finance
    • Money
    • Fraud
    • Financial Crime
Beware the Zelle Money Scams
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    Zelle fraud is rising. And banks aren’t coming to the rescue

    Zelle fraud is rising. And banks aren’t coming to the rescue

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    CNN - Allison Morrow

    This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — Zelle, the popular payment app, is under fire for how it handles (or rather, doesn’t handle) fraud and scams that have exploded on the platform in recent years. The New York …

    How to avoid getting scammed on Zelle

    How to avoid getting scammed on Zelle

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    Mashable

    Avoid falling prey to these common payment app scams. Cashless P2P (peer-to-peer) transaction apps are great and have unequivocally made our lives easier, but as is the case with any emergent technology, scammers are quick to find ways to exploit them for ill-gotten gains. Unlike other low-level …

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