Check out video of Renita’s Congressional testimony on the harm of financial platforms, also known as digital wallets, such as Venmo, Zelle, etc. and their lack of protection against consumer errors and fraud.
Payment system providers can do far more to protect consumers. Scams often take the last dollar from those least able to afford it, and often target older adults, immigrants and other communities of color. These communities, already denied or stripped of wealth through discrimination over the centuries to the present day, can least afford to lose money to scams and errors.
You fight for us by sending the letters and signing the petitions we organize, and we fight for you inside Congress, meeting with staff, working with allies, and testifying in committee hearings to advocate for more equitable economic policies.
Your support for our work makes victory possible. Contribute to Americans for Financial Reform and fund the fight to hold Big Tech accountable including implementing consumer protections against financial fraud now!