WLRN1d
The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot
It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the ...
The New York Times2d
Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
Zelle is operated by Early Warning Services ... that banks must take to shield their customers from fraud on payments apps. But Mr. Chopra was fired last month by President Trump, and many ...
CNET5d
Watch Out for These Sneaky Venmo, Cash App and Zelle Scams
Customers at three banks lost more than $870 million to Zelle scams since the app launched in 2017, according to a Consumers Financial Protection Bureau lawsuit. One of those banks, JPMorgan Chase ...
Zacks Investment Research on MSN1d
CFPB Drops Zelle Payment App Fraud Case Against JPM, WFC & BAC
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to protect consumers from ...
WUWM2d
The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot
"Fraud has become increasingly common on payment apps like Zelle and consumers have little chance of recovering their money from their bank if they get tricked into sending a payment to scammers ...
New York Post2d
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
In the final days of the Biden administration, the CFPB accused EWS and the three banks of rushing the Zelle service to market to compete with apps like PayPal’s Venmo and Block’s Cash App ...
CNBC5d
The top money transfer apps for sending money between friends, family and small businesses
Best apps to send money Best for budding investors: CashApp Best between friends: Venmo Best for flexible payments: PayPal Best for bank-to-bank transfers: Zelle Best for sending money ...