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CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

December 22nd 2024

The Consumer Financial Protection Bureau has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo, accusing them of allowing fraud to “fester” on P2P payments platform Zelle.

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CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

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Crédit Agricole to acquire Santander stake in Caceis

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PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

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Fear of fraud in instant payments shouldn’t stop progress – US Faster Payments Council

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Chargeback platform Justt raises $30 million

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Sustainability-linked bonds see a drop in issuance – AFME ESG Report

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New Zealand reduces merchant service fees for card payments

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Former UBS investment analyst unveils voice cloned AI education tool

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Chime files for IPO

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UK neobank app downloads surpass legacy banks for the first time

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Google Cloud predicts four ways that GenAI will transform financial services

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New Zealend reduces merchant service fees for card payments

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ASA bans Lloyds ad on greenwashing grounds

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Temenos banks can now launch digital asset services “within days” following integration with Taurus

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IT consultant found guilty of murder of Cash App founder Bob Lee

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ASA bans Lloyds ad for misleading consumers about its environmental impact

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Tech entrepreneur found guilty of murder of Cash App founder Bob Lee

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Monzo introduces Sign Language chat

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A2A payments startup Volume raises $6 million

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Morgan Stanley becomes first investment bank to deploy Wise platform

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