Why banks don’t want the agency to disappear

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025.  Tom Williams | Cq-roll Call, Inc. | Getty Images For years, American financial companies have fought the Consumer Financial Protection…

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Zelle payments top  trillion in 2024

Zelle payments top $1 trillion in 2024

The Zelle icon is displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. The firm said Wednesday that its user base jumped 12%…

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