Hugh Son / CNBC:

The US CFPB sues Zelle operator EWS, JPMorgan Chase, Bank of America, and Wells Fargo, alleging that customers lost $870M+ to fraud since Zelle's launch in 2017  —  The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …

Hugh Son / CNBC:

The US CFPB sues Zelle operator EWS, JPMorgan Chase, Bank of America, and Wells Fargo, alleging that customers lost $870M+ to fraud since Zelle's launch in 2017  —  The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …

Source: TechMeme
Source Link: http://www.techmeme.com/241220/p11#a241220p11