Sunday, April 22, 2018

Zelle, the Banks' Answer to Venmo, Proves Vulnerable to Fraud

While all financial systems are susceptible to fraud, aspects of Zelle's design, like not always notifying customers when money is transferred — some banks do; others don't — have contributed to the system's vulnerability. And some customers who lost money were made whole by their banks; others ...

from Google Alert - vulnerability https://ift.tt/2qVTNZE
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