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CFPB sues JPMorgan, BofA and Wells Fargo over Zelle fraud

December 21st 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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Stablecoins are hot! BVNK scores $50 million to expand across the US

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Neonomics files complaint over anti-competitive practices in Norway’s payments market

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PSR calls for data sharing between banks and technology platforms to combat APP fraud

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Nubank leads $250 million investment round in Tyme Group

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NAB sets five-year goal to phase out passwords

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Ripple begins stablecoin roll out

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FIS set to buy Demica

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FIS to buy Demica – Sky News

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FCA takes next steps in developing regulated crypto regime

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Current raises $200 million to fast-track profitability

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Australian regulator sues HSBC for failing to protect customers from scams

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SocGen completes repo transaction on public blockchain

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UK regulator PSR plans cap on cross-border card fees

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Thoughtworks partners with AWS to accelerate generative AI adoption

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Why financial technology can make global payments a frictionless process

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Triodos Bank announces BNG private sector loan to finance nature restoration

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Hong Kong launches roadmap for sustainability reporting

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10 trends that will impact payments in 2025, according to Mastercard

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Visa Direct to deliver faster bank transfers in a minute or less

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Standard Chartered inks reserve management deal for Paxos stablecoins

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