Economic Globe – Global Economic Journal
Global News, Breaking News, Economic, Business, Energy, Global Markets,
On Friday, the U.S. Consumer Financial Protection Bureau announced that it had filed a lawsuit against Wells Fargo, Bank of America, and JPMorgan Chase, alleging that the banks had allowed “fraud to fester” on the peer-to-peer payments platform Zelle.
The CFPB stated that it was working to halt the alleged illegal activities, get penalties and reparations, and achieve additional relief.
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