The Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...