Fighting Scams and Authorized Push Payment Fraud in the US
FICO
NOVEMBER 7, 2022
On one side, there are regulators concerned about the perceived growth of scam losses through popular P2P payments apps like Zelle, Venmo and CashApp. But it is important to remember that transaction limits can be quite high for P2P apps, so even a single loss could be a life-changing sum for an individual.
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