CFPB drops lawsuit against banks behind payment system Zelle
The CFPB, under acting director Russell Vought, dropped a lawsuit today against three of the largest banks in the U.S. The banks are co-owners of the peer-to-peer payment system Zelle and had been accused of failing to “take meaningful action” against fraud that cost customers $870 million.
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle ...
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular ...
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to pr ...
Zelle provides a money transfer program mostly run through banks. Users pay next to nothing for the service. Yet the government is looking this gift horse in the mouth. The complaint against ...
If the government wins this fight with Zelle, the users will pay more. That hardly sounds like a way to "protect" consumers.
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued that, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback