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Political Factoid
"Early Warning Services, LLC.,
the network operator behind
Zelle,* said that the
'potential for fraud' is a risk
associated with all digital
payment technologies"
. . . in an attempt to excuse the scams
using their network to steal thousands of
dollars from acounts of bank customers.
| * |
The digital payment network that is
pre-built into many banking apps**
such as Chase Bank and Bank of
America, and does not require
the customer to have used it.
|
| ** |
by inserting it into the reams of
terms and conditions, which their
customers seldom read.
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