Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Major US Banks to Testify at Senate Hearing Over $456 Million Zelle Fraud Allegations

Major US Banks to Testify at Senate Hearing Over $456 Million Zelle Fraud Allegations


CoinOtag
2024-07-07 00:30:47

The wave of high-profile fraud incidents has put a spotlight on the vulnerabilities within the digital payments landscape. Banks involved in the Zelle network are facing increasing scrutiny over their responses to fraudulent activities. Senator Richard Blumenthal leads the charge, emphasizing the need for enhanced safeguards in the face of evolving technological threats. A critical


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.