Major Banks Testify on Zelle Fraud Concerns
Executives from JPMorgan Chase, Bank of America, and Wells Fargo will testify before the U.S. Senate on July 23 about fraud concerns related to the Zelle payment system. The testimony aims to address issues and improve security measures. This news was reported by Politico, citing unnamed sources.
- Country:
- United States
Executives from three major U.S. banks are expected to testify before the U.S. Senate on July 23 about fraud concerns on the Zelle payment system, Politico reported, citing three unnamed sources.
The banks are JPMorgan Chase, Bank of America and Wells Fargo, according to the report.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Zelle
- fraud
- testify
- Senate
- banks
- JP Morgan Chase
- Bank of America
- Wells Fargo
- payment system
- security
Advertisement
ALSO READ
Markets on Edge: European Inflation and Central Banks in Focus
Russian Banks Struggle Amid DDoS Attack
Sharp Decline in Indian Funds in Swiss Banks in 2023: Hits Four-Year Low
Labour's Financial Balancing Act: UK Banks Brace for Change
Indian funds in Swiss banks down 70 pc to lowest in four years at 1.04 bn Swiss Franc: Switzerland's central bank data.
Google News