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Big banks sued over Zelle payment fraud
Big banks sued over Zelle payment fraud
Big banks sued over Zelle payment fraud

Published on: 12/24/2024

This news was posted by Oregon Today News

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Description

Options to use the Zelle payments network are seen on a Chase mobile banking app.

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.

News Source : https://www.oregonlive.com/business/2024/12/regulator-sues-chase-wells-fargo-bank-of-america-over-zelle-payment-fraud.html

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