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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.