A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.” A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.” Banking and Financial Institutions, Frauds and Swindling, Mobile Commerce and Payments, Shutdowns (Institutional), Regulation and Deregulation of Industry, Suits and Litigation (Civil), Bank of America Corporation, Consumer Financial Protection Bureau, JPMorgan Chase & Company, Zelle (Early Warning Services LLC), Wells Fargo & Company, Chopra, Rohit, Vought, Russell T NYT > Business
CFPB Drops Lawsuit Against Banks Over Zelle Scams
