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CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”

Stacy Cowley
Author: Stacy Cowley

Written by

Stacy Cowley

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Consumer Financial Protection Bureau, Frauds and Swindling, JPMorgan Chase & Company, Mobile Commerce and Payments, Regulation and Deregulation of Industry, Shutdowns (Institutional), Suits and Litigation (Civil), Vought, Russell T
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