Lawsuit Accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of Failing To Protect Customers From $870,000,000 in Losses Abruptly Dropped by US Government

Lawsuit Accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of Failing To Protect Customers From 0,000,000 in Losses Abruptly Dropped by US Government

The Consumer Financial Protection Bureau (CFPB) has abruptly dropped a lawsuit accusing JPMorgan Chase, Wells Fargo, Bank of America and Zelle of failing to protect consumers from $870 million in losses on the Zelle network over seven years. The lawsuit, filed in December, alleged Zelle’s parent company and the big banks often left victims of … Read more

Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions – Block News Media DAO LLC

Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions – Block News Media DAO LLC

Wells Fargo has reportedly refused to reimburse a woman who lost her life savings to an impostor who claimed to work at the banking giant. Houston resident Heather Sanders says she received a call bearing Wells Fargo’s phone number, reports FOX News. Sanders says the person on the other line convinced her that her account … Read more

Chase will soon block Zelle payments to sellers on social media

Chase will soon block Zelle payments to sellers on social media

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. Zelle is a highly popular digital payments network that allows users to transfer money quickly and securely between bank accounts. It is also integrated into the mobile apps … Read more

CFPB Sues Major Banks for Massive Fraud Losses Through Zelle – BitRss

CFPB Sues Major Banks for Massive Fraud Losses Through Zelle – BitRss

CFPB Sues Major Banks for Massive Fraud Losses Through Zelle – BitRss – Crypto World News Coin-Turk 29 minutes ago 56 The Consumer Financial Protection Bureau (CFPB) reported that customers of JPMorgan Chase, Wells Fargo, and Bank of America lost a total of $870 million to fraud via Zelle. This alarming figure highlights the vulnerabilities … Read more

How to Buy Bitcoin with Zelle Pay [A Simple Guide]

How to Buy Bitcoin with Zelle Pay [A Simple Guide]

Zelle Pay is a fast and secure payment service. In this guide, you will learn how to buy Bitcoin with Zelle on peer-to-peer marketplaces. Zelle enable users to securely send and receive money conveniently, by allowing people to safely its banking app. However, you can also buy Bitcoin anonymously using Zelle, and that makes the … Read more