One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle –

The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.

The very people the CFPB is supposed to protect would be the victims here. If the service is harmful to customers, then why is it so wildly popular with American consumers and small businesses?

One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued that, despite Zelle’s service being free, the network’s users were being ripped off.

Zelle is one of simplest ways to transfer money quickly, although limits have been established depending on the bank you use it with.

The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says it's preparing to terminate all transaction capabilities for businesses and consumers on the firm's standalone mobile app,