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A comment on Stripe Sets One-Year Timetable to Decide on Going Public. Parent comment

Re:Stripe Sets One-Year Timetable to Decide on Going Public by lxgr on Thursday January 26, 2023 @05:15PM (#34539644)
> [...] bank pushed me to use Zelle - which has zero protection.

Also channeling patio11 [1]: This is actually a pretty interesting ongoing experiment as to whether banks can opt out of Regulation E.

[1] https://twitter.com/patio11/status/1500993875627761666

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Re:Stripe Sets One-Year Timetable to Decide on Going Public by throwaway2037 on Friday January 27, 2023 @02:50AM (#34543674)
No kidding. Zelle looks so dangerous from consumer point of view. It is so easy to get scammed and almost impossible to be made whole. I am fine with Zelle if banking regulators require Reg E. The best part of Reg E: Since banks are almost completely responsible for fraud in their customers named, they take it very seriously!
[ Parent | on HN ]