Bank of America Makes Money Disappear With Zelle - My National TV Debut - Zelle Creating Payment Wallet For People to get Scammed a New Way
Description
First and foremost:
Now, let's get to the business at hand. Wednesday, January 18th, Bank of America had a major outage with Zelle, causing transfers that happened the previous four days to reverse, leading to negative balances and missing money.
It was one of the biggest social media days of my existence, with some posts getting tens of thousands of views on Twitter and hundreds of new followers.
I was able to make a debut on a national newscast as a "consumer advocate" and banking expert talking about it. Thank You Scripps News!
I also was able to do a long form interview on a Youtube show called The Plainest Jane!
Time Article about the story
Yahoo News Article about the story
My blog was cited in the Daily Dot's story as well
I discuss what I think happened, and how BofA being apathetic to clients is par for the course here. It was ridiculous.
Plus more news about EWS, The parent company with Zelle. They made a prediction of mine true. They are rolling out a payment wallet which will compete with Apple Pay and Paypal. Integrating customers bank cards in the app, The new unnamed Zelle Wallet will let clients pay for things directly through them. I am skeptical about the adoption of this by clients, coupled with the poor customer service with Zelle fraud that currently exists. I discuss why.
Crazy week. Thanks for following!
NB Has recovered over $4 Million from big banks back to consumers, with nearly $800k of it being Zelle fraud!
30k+ Followers on TikTok, Twitter and Instagram
Buy My Book "High-Risk Transaction"
Find all my social media and other links at:
Substack - "Consumer Beast" - TheNotoriousBanker.Substack.com
MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
United States
