Morning Overview on MSN

A fast-spreading Zelle scam is draining checking accounts, consumer advocates warn

Consumers across the United States are losing money through Zelle transfers they never authorized, and the federal agencies ...
CNN

Scam victims on Zelle rarely get their money back. A new bill could fix that

Americans instantly zip billions of dollars a day to each other on Zelle and other payment apps to do everything from pay the babysitter to split restaurant bills. The speed and convenience of these ...
The Spokesman-Review

Zelle scams prompt federal probe into whether banks are doing enough to protect customers

The online-payment platform Zelle is extremely popular with consumers, which helps explain why it’s also become a hit with scammers. Another reason: Zelle payments can’t be reversed once they’re sent.
The Motley Fool

Here's What Happens When You Run More Than $10,000 Through Zelle in a Month

A lot of people treat Zelle like a digital handshake. Money goes out. Money comes in. No big deal. But once your monthly Zelle activity starts pushing past $10,000, the system quietly changes how it ...