Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
Three of the biggest U.S. banks are being sued by a top financial regulator that says they allowed fraud to run rampant on ...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched ...
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
The CFPB sued Bank of America, JPMorgan Chase and Wells Fargo, alongside Zelle's operator, Early Warning Services--which is co-owned by these three banks, among several others. The CFPB argued that ...
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
Zelle, the payments app you likely use primarily to send rent to your landlord, is at the center of a lawsuit announced Friday by the Consumer Financial Protection Bureau (CFPB). The CFPB is suing ...
The independent agency also sued the operator of Zelle, called Early Warning Services. The CFPB put Zelle-related fraud losses at more than $870 million involving customers at just the three banks ...