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2. Fraud, scam cases increasing on Zelle, Senate report finds - AOL

   www.aol.com/finance/fraud-scam-cases-increasing...

   Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the ...

3. $870M in Zelle fraud losses spark lawsuit against ... - AOL

   www.aol.com/870m-zelle-fraud-losses-spark...

   The CFPB put Zelle-related fraud losses at more than $870 million involving customers at just the three banks alone over seven years since the launch of the app in 2017. Zelle disputes how the ...

4. Fraud and scam problems with Zelle payments? Here’s ... - AOL

   www.aol.com/news/fraud-scam-problems-zelle...

   A report from Sen. Elizabeth Warren found that four of the country’s largest banks, including Bank of America and Truist, are on track to report more than half a million claims of fraud on Zelle ...

5. Zelle scams prompt federal probe into whether banks are doing ...

   www.aol.com/news/zelle-scams-prompt-federal...

   The chief executive of Early Warning Services, which runs Zelle, told a Senate subcommittee in July that only 0.1% of the transactions on Zelle involved a scam or fraud; in 2023, the company said ...

6. JPMorgan Chase, Bank of America and Wells Fargo sued for ...

   www.aol.com/finance/jpmorgan-chase-bank-america...

   “Defendants’ failures resulted in millions of complaints about Zelle fraud at (JP Morgan Chase, Bank of America and Wells Fargo) alone, including complaints of over $290 million in fraud ...

7. JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle ...

   www.aol.com/jpmorgan-wells-fargo-bofa-facing...

   A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular ...