The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment ...
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JPMorgan Chase, Bank of America, and Wells Fargo sued over Zelle scams that cost $870 millionNamely, the suit claims there was insufficient identity verification by Zelle and a failure ... to clients," said Bank of America spokesperson, Naomi Patton in a statement provided to Fortune.
“Shortly after Zelle’s launch ... we work directly with them,” the bank based in Charlotte, North Carolina, said. In a statement, New York-based JPMorgan said the CPFB was “overreaching ...
The Consumer Financial Protection Bureau sued Early Warning Services, which operates the peer-to-peer money transfer network Zelle, on Friday. It is also suing Bank of America, JPMorgan Chase and ...
(CNN) — The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer ...
The Consumer Financial Protection Bureau sued JPMorgan Chase, Bank of America and ... so they rushed to put out Zelle,” CFPB Director Rohit Chopra said in a statement Friday.
After a swirl of online complaints, Chase Bank on Friday acknowledged a widespread Zelle glitch wreaking havoc on its customers' bank balances. JPMorgan Chase & Co. on Friday confirmed that random ...
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