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Sen. Urges CFPB To Investigate Banks' Zelle Dispute Practices

By Aislinn Keely (August 5, 2024, 5:18 PM EDT) -- U.S. Sen. Richard Blumenthal, D-Conn., urged the Consumer Financial Protection Bureau to investigate the nation's three largest banks and the operator behind payments network Zelle after he said the firms gave "circuitous answers" to lawmakers during a hearing on their handling of fraud and dispute resolutions on the platform....

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