Showing only posts tagged Zelle. Show all posts.

Report: Big U.S. Banks Are Stiffing Account Takeover Victims

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When U.S. consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of …

Fintech Giant Fiserv Used Unclaimed Domain

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If you sell Web-based software for a living and ship code that references an unregistered domain name, you are asking for trouble. But when the same mistake is made by a Fortune 500 company, the results can range from costly to disastrous. Here’s the story of one such …