Avoid handing your phone to strangers, especially with payment apps open. Scammers use fundraisers to deceive victims into ...

TurboTenant breaks down the risks that a rental business may face if it chooses to accept rent with Zelle, Venmo, cash, or ...

Best apps to send money Best for budding investors: CashApp Best between friends: Venmo Best for flexible payments: PayPal Best for bank-to-bank transfers: Zelle Best for sending money ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to ...

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have ...

In November 2024, the CFPB extended federal oversight to large nonbank payment services, and the agency sued major banks and Early Warning Services in December 2024 over fraud on the Zelle payment app ...

“The nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” CFPB Director Rohit Chopra said. “By their failing to put in place proper ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to roll ...