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Zelle s fraud refund plan could turn off community banks

Institutions that are already on the fence about joining the peer-to-peer network are expected to balk at the expense of standardized scam reimbursement, industry experts say. Small banks aren't openly opposing the concept yet, but many say they're still cautious about P2P.

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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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Chuck, small banks answer to Zelle, goes live

The new service was designed to lower costs for community banks while adding security features and providing customers with access to Venmo and other peer-to-peer payment systems.

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Community Banks: Payments Service Chuck Looks to Emulate Zelle, Alloy Labs Aims to Provide More Digital Banking Services Going Forward

Community Banks: Payments Service Chuck Looks to Emulate Zelle, Alloy Labs Aims to Provide More Digital Banking Services Going Forward
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