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CFPB sues JPMorgan, BofA, Wells Fargo

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers and businesses.

Law · 3d

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 the banks lost more than $870 million to fraud since Zelle's inception.

CNN on MSN · 2d

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 the operator of Zelle, the most widely available peer-to-peer

CFPB sues JPMorgan, Band of America, and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against major U.S. banks JPMorgan Chase, Bank of America, ...

20hon MSN

Walmart illegally opened bank accounts for over 1 million drivers, CFPB alleges

The Consumer Financial Protection Bureau sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access their ...

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CFPB sues JPMorgan, BofA, Wells Fargo

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