Posted inBusiness

Banks are Embracing Zelle, Scammers Are Too

Amid the rise in popularity of quick-pay apps, scammers are also increasingly using digital payment platforms like Zelle to drain victims’ bank accounts. In this latest scam, fraudsters are now posing as employees of banks that have embraced Zelle as a transaction method. Among them are majors banks Wells Fargo, Chase and Bank of America. […]