Attention Economy


Saturday, March 12, 2022

US Banking System - Costly and Inefficient

Why it costs money to get your own money
https://www.vox.com/the-goods/22969273/bank-fees-overdraft-atm-postal-banking
Banking: Oddly expensive, often confusing

Fraud Is Flourishing on Zelle. The Banks Say It’s Not Their Problem.
https://www.nytimes.com/2022/03/06/business/payments-fraud-zelle-banks.html
Zelle, the payments platform used by millions of customers, is a popular target of scammers. But banks have been reluctant to make fraud victims whole — despite owning the system.