[lxgr]

Yeah – because the US, until recently, didn't have push P2P payments via banks. The only thing you used to be able to do in your online banking was checking your account balance or maybe initiating wires (which are so expensive that manual review is probably not an issue).

Zelle is changing that and is, expectedly, running into a wall of fraud since banks don't have the authentication infrastructure/know-how to actually support it.