The US Consumer Financial Protection Bureau sues Zelle and four of its partner banks
The government agency sued Zelle’s operating company and four of its partner banks (JPMorgan Chase, Bank Of America and Wells Fargo). The CFPB says the service hasn’t done enough to protect consumers from fraud.
(Bloomberg) — The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells ...
The Consumer Financial Protection Bureau has filed a lawsuit against Zelle's operator and three major banks—Bank of America, ...
The independent agency also sued the operator of Zelle, called Early Warning Services. The CFPB put Zelle-related ...
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
The Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market ...
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