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Zelle Accused by CFPB of Leaving Customers Vulnerable to Widespread Fraud
CFPB alleges JPMorgan Chase and other big banks skipped important safety features that put Zelle customers at risk.
Boise State Public Radio2d
CFPB sues three top U.S. banks for failing 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 ...
Crowdfund Insider1d
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 ...
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 ...
bankingdive2d
Banks, trade groups seek injunction on CFPB overdraft rule
The same organizations that are suing the agency over its effort to limit overdraft fees to $5 filed court paperwork ...
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money ...
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 the consumer from abuses by financial institutions and companies. Now there ...
The CFPB released a new credit card comparison tool. Will it actually help consumers?
The Consumer Financial Protection Bureau (CFPB) released its new Explore Credit Cards tool this week, intended to allow ...
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should ...