Remove 2019 Remove CashApp Remove Irrevocability
article thumbnail

Fighting Scams and Authorized Push Payment Fraud in the US

FICO

Tue, 07/02/2019 - 02:45. On one side, there are regulators concerned about the perceived growth of scam losses through popular P2P payments apps like Zelle, Venmo and CashApp. US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential?

Scams 52