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 ...
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
More than $481 billion is transferred using Zelle every year. Of that, at least $125 million is getting stolen from consumers. The government says the big banks that own the platform have done little ...
JPMorgan, Wells Fargo, BofA face federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
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Feds sue Zelle, alleging that nation’s biggest banks failed to stop fraud
Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be ...
Courthouse News Service14h
Feds accuse major banks of allowing Zelle fraud
The Consumer Financial Protection Bureau claims that JP Morgan Chase, Wells Fargo and Bank of America have failed to protect ...
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Milwaukeeans digging out of the season's first significant snow
Just one day shy of the official start of winter, people across Southeastern Wisconsin woke up to a Winter Wonderland Friday ...
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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 ...
Fox 916h
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 ...
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and three banks that own it — Wells Fargo, ...
JPMorgan Chase, Bank of America, and Wells Fargo sued over Zelle scams that cost $870 million
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
WGAL16h
Major banks sued for failing to prevent fraud on Zelle
JPMorgan Chase, Bank of America, Wells Fargo and the operator of Zelle sued for "for allowing fraud to fester" ...
$870M in Zelle fraud losses spark lawsuit against platform, 3 major banks
The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...