Ken Palla on Lessons From U.K and Australia to Reduce Fraud and Scams. The U.S. Consumer Financial Protection Bureau’s decision to file a lawsuit against Zelle is too late and too narrow to reduce scams, said Ken Palla, retired director with MUFG Bank. CFPB last month sued the operator of Zelle, as well as three banks for failing to protect consumers from fraud.
First seen on govinfosecurity.com
Jump to article: www.govinfosecurity.com/us-cfpb-needs-to-look-beyond-zelle-to-curb-scams-a-27206
