Quartz December 20, 2024
Early Warning Services, a company owned by seven of the largest U.S. banks, founded Zelle in 2017...
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Quartz Daily Brief
BREAKING
NEWS
December 20, 2024

JPMorgan Chase, Bank of America, and Wells Fargo are being sued for fraud on Zelle

The Consumer Financial Protection Bureau sued JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Friday over fraud on the peer-to-peer payments network Zelle.

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