Tag: Imposter Scam
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Zelle Will Offer Refunds to Victims of Scams
After a policy change in June, thousands of banks who work with Zelle have started refunding money to victims of imposter scams as the company aims to strengthen consumer protections at the request of U.S. lawmakers and federal consumer watchdogs. There are 2,100 financial groups that offer money transfer services through Zelle. They began reversing…