Democratic U.S. Senator Elizabeth Warren criticized Wells Fargo & Co for failing to protect its customers from fraud and scams on Zelle, a digital payments platform owned by seven of the biggest U.S. banks.
Oct 13 - Democratic U.S. Senator Elizabeth Warren criticized Wells Fargo & Co
In a letter dated Oct. 6 but made public on Thursday, Warren told Wells CEO Charles Scharf the "alarming pattern" was made worse by the bank's refusal to make its Zelle scam and fraud data public. Warren and other lawmakers have pressed large banks like Zelle to do more to protect consumers who suffer scams on the platform, and have demanded banks provide complete data on the level of Zelle fraud reported at each bank.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Why won’t banks clean up their problems with Zelle fraud? A powerful senator wants to knowTop U.S. bankers refuse to cave in to demands by Sen. Elizabeth Warren, D-Massachusetts, that they do a better job protecting their customers from Zelle scams.
Leer más »
Wells Fargo’s San Francisco headquarters houses no member of its ‘senior leadership team’ - San Francisco Business TimesIn banking news, WellsFargo says it no longer has anyone from its 'senior leadership team' based in San Francisco. But the bank says its HQ isn't leaving the city it has called home since its founding in 1852.
Leer más »
Wells Fargo’s San Francisco headquarters houses no member of its ‘senior leadership team’ - San Francisco Business TimesIn banking news, WellsFargo says it no longer has anyone from its 'senior leadership team' based in San Francisco. But the bank says its HQ isn't leaving the city it has called home since its founding in 1852.
Leer más »
Texas Bitcoin Miners Face Scrutiny from LawmakersMassachusetts Senator Elizabeth Warren has accused Texas miners of straining power grid
Leer más »
US September CPI likely locks another 75 bps rate hike at next FOMC meeting – Wells FargoUS inflation data released on Thursday triggered sharp moves across financial markets. According to analysts at Wells Fargo, today's report likely loc
Leer más »