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 ...
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
The Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market ...
PCMag on MSN2d
Consumer Finance Watchdog Sues Zelle, Bank of America, JPMorgan Chase, Wells Fargo
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
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 ...
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 ...
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 ...
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 ...
Think Advisor3d
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 ...
USA Today3d
$870M in Zelle fraud losses spark lawsuit against platform, 3 major banks
Early Warning Services, which designed and operates Zelle, is co-owned by seven big banks – Bank of America, Capital One, Chase, PNC Bank, Trust, U.S. Bank and Wells Fargo. Early Warning ...
New York Post3d
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of America. Those three banks are the largest financial institutions on the Zelle network, accounting for 73% of activity ...