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2025-03-292025-03-291111100
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banks tighten zelle payments as customers face fraud and errors

JPMorgan Chase has implemented new restrictions on Zelle payments to combat fraud, particularly blocking transactions linked to social media and online marketplaces. Meanwhile, Wells Fargo has denied a $60,000 reimbursement claim from a nonprofit that fell victim to a bank impostor scam, citing the organization's involvement in the transaction. Additionally, a Bank of America customer is grappling with the fallout from being mistakenly declared deceased by Social Security, which has disrupted his benefits and led to bureaucratic challenges.
dailyhodl.com
United States Dollar Wells Fargo & Company Bank of America Corporation JPMorgan Chase & Co. USA Ned Johnson Show more
Finance & Economy, News Article
15:30 29.03.2025
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