JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
Zelle users transferred $481 billion across more than 1.7 billion transactions, according to the Consumer Financial ...
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CFPB Claims Regarding Zelle Losses May Be Exaggerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
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CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
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CFPB Director: Wall Street wants a lap dog, not a watchdog
After The Great Recession, the government set up the Consumer Financial Protection Bureau — an independent bureau to protect ...
Consumer Finance Watchdog Sues Zelle, Bank of America, JPMorgan Chase, Wells Fargo
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
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Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
Zelle, banks sued by US regulator
The CFPB has sued JPMorgan Chase, Bank of America and Wells Fargo, along with the operator of Zelle, for failing to properly ...
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US Banks Face Legal Challenge Over Zelle Payment Platform Security
A significant legal challenge is unfolding in the United States as major banks face litigation regarding alleged fraudulent activities on the Zelle payment platform. The lawsuit centers on claims that ...