Consumers lose millions every year through Zelle due to scams. Here's what banks are doing to protect customers.

In this case: A bank’s duty in a Zelle scam A scammer posing as an Audible representative tricks a customer and steals $3,495 through a Zelle transfer. Federal law (Regulation E) protects consumers ...

Digital banking apps have quickly grown in popularity thanks to its ability to make money transfers almost instantaneously with the touch of a button rather than waiting for wire transfers to be ...