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Dare Obasanjo
carnage4life.bsky.social
did:plc:57vlzz2egy6eqr4nksacmbht
Zelle users lack fraud protections compared to debit or credit cards, leaving them vulnerable. Since 2017, consumers have lost $870M to fraud.
Now, the CFPB is suing the banks behind Zelle—just as the agency faces potential weakening after the government transition.
https://www.cnbc.com/2024/12/20/cfpb-sues-jpmorgan-chase-bank-of-america-wells-fargo-over-zelle-fraud.html
2024-12-20T19:16:50.457Z