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.
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular ...
Zelle allows you to send and receive money between bank accounts, but there is a limit to the amount that can be transferred.
Zelle, the money transfer app co-owned by seven of the country's largest banks, is implementing some changes after costing ...
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