JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says ...
Feds Sue Bank of America, Wells Fargo, JPMorgan Over Zelle Fraud
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
Zelle and major banks face $870 million lawsuit over alleged fraud losses
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the peer-to-peer payment network Zelle and three US banks that conduct or facilitate transactions on ...
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JPMorgan, BofA and Wells Fargo Sued Over Alleged Zelle Fraud
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
CFPB Takes on BoA, Wells Fargo and JPMorgan Chase Over Zelle Fraud
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
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Wells Fargo, JPMorgan, Bank of America face federal lawsuit over Zelle payment fraud
The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant ...
JPMorgan Chase, BofA and Wells Fargo Sued For 'Festering' Fraud On Zelle
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...
Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread’ Zelle fraud
The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.
Feds Sue Banks for 'Widespread Fraud' on Zelle and Limited Victim Compensation
Zelle and three of the banks behind one of the nation’s biggest payment networks failed to protect users from “widespread ...