Shocking stats: Payment Fraud, Toilets and Food Poisoning
Insights from the USA
Inside Zelle Fraud
Zelle, under fire from regulators and lawsuits over fraud concerns, argues that its problem is statistically small.
The company says just 0.02% of all transactions lead to a fraud or scam report—a figure it contrasts with the 0.07% of Americans injured by toilets and the 3% who suffer food poisoning each year. With over 150 million use…
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