Biometrics, Cyber Security, Daily News, Faster payments, Fraud & Security, Identity, Instant Payments, Mobile Banking, Mobile Payments, Mobile Remittance, Mobile Wallet, Zelle -

Faster payments equal real-time fraud – the Zelle story

There has been an increasing amount of fraud perpetrated against Zelle, the mobile P2P platform running on faster payments rails and backed by the biggest banks in the US. The scam itself is straightforward, a Craigslist user reaches out to a seller on the marketplace to buy something like concert tickets. The seller, in turn, asks the [...]

The post Faster payments equal real-time fraud – the Zelle story appeared first on Payments Cards & Mobile.