CFPB Sues America’s Largest Banks For ‘Allowing Fraud To Fester’ on Zelle
The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own. From a report: According to the suit, which also targets Early Warning Services LLC, Zelle’s official operator, Zelle users have lost more than … ⌘ Read more