December 22, 2024

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

 CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers and businesses.