CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
'Zelle Became A Gold Mine For Fraudsters': Consumer Financial Protection Bureau Lawsuit
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...
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Fraud on a Billion-Dollar Scale? CFPB Takes on Zelle and Big Banks in Explosive Lawsuit
The lawsuit alleges that these entities failed to implement effective safeguards, leading to significant fraud losses for ...
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Consumer protection agency closes the Biden era taking big swings
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...
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Nation's three-largest banks sued by federal regulators over alleged Zelle-related fraud
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...
US consumer bureau sues Walmart, fintech for illegally opening accounts
A U.S. consumer protection agency alleged Walmart Inc. and one of its financial partners with opening accounts for delivery ...
CFPB Sues Walmart, Fintech for Illegally Opening Accounts (3)
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of ...
Federal lawsuit claims consumers lost $870 million from scams on Zelle
The Consumer Financial Protection Bureau has filed a lawsuit against digital payment network Zelle and three of America's largest banks, alleging ...
Scottsdale-based operator of Zelle, banks sued by federal government
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
Wells Fargo, Chase, Bank of America sued over alleged unchecked fraud on Zelle app
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
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CFPB sues big banks behind money transfer app Zelle over lax oversight, fraud
JPMorgan Chase, Wells Fargo Bank, Bank of America, and the company behind online money transfer app Zelle were sued by the Consumer Financial Protection Bureau for allegedly failing to safeguard Zelle ...