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What Next TBD: The $30,000 Zelle Scam

Slate News

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The Lack of Protections and Growing Concerns regarding Zelle Transactions

The chapter discusses the absence of safeguards for Zelle transactions compared to credit card companies, highlighting the lack of legislation and pressure on banks to implement protections. It also mentions the attention from Senator Elizabeth Warren and the significant amount of money defrauded from Zelle users in the past year.

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