A year after Zelle rule change, fraud victims and lawmakers seek clarity on reimbursement policy
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Published 2024-07-16
Zelle's operator, Early Warning Services, is co-owned by seven of the country's largest banks. Customers can easily send payments to friends and family using Zelle in their bank’s app. The transactions are nearly instantaneous as well as irreversible, making it a popular payment method for scammers.