Small banks could drop popular payment app due to scams
Banks could drop popular payment app due to scams
Worries over financial issues related to scams may have some banks dropping a popular payment app.
CHICAGO - Worries over financial issues related to scams may have some banks dropping a popular payment app.
A Wall Street Journal report says community and small banks could end up dropping Zelle.
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The seven major banks that own Zelle are working on a plan to standardize refunds for customers tricked into sending money.
A trade association representative says the plan hits smaller banks more.