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EWS

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Coverage Timeline

2025-08-14
Reuters 21 related

New York AG Letitia James sues Zelle, claiming that security lapses led to $1B+ in consumer fraud losses; the US CFPB dropped a similar case in March 2025

What To Know About Alleged $1 Billion Scams Over The App Lisa Hornung / UPI : N.Y. AG Letitia James sues parent company of Zelle for allowing fraud Truman Lewis / ConsumerAffairs.com : Zelle sued by N...

2025-03-05
CNBC 11 related

The US CFPB drops its lawsuit against Zelle operator EWS, JPMorgan, Bank of America, and Wells Fargo, after suing them in December 2024 over fraud complaints

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network …

2024-12-20
CNBC 13 related

The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017

The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …

2023-11-13
Reuters 3 related

In a major policy change, EWS says 2,100 banks on payment app Zelle began refunding imposter scam victims on June 30, 2023, after US lawmaker and CFPB pressure

Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised …

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