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Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle Image: Cath Virginia / The Verge; Getty ImagesThe Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and three banks that own it — Wells Fargo, Bank of America, and JPMorgan Chase — claiming they failed “to protect consumers from widespread fraud.” Zelle is a payment network designed to compete with payment platforms l...
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