Bank of America Settles With OCC Over Anti-Money Laundering Concerns
BAC receives a cease-and-desist order from the OCC considering the shortcomings under the Bank Secrecy Act. The bank agrees ...
Winston-Salem Journal8h
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 ...
Lawyer Monthly11h
CFPB Sues JPMorgan, Bank of America, Wells Fargo Over Zelle Fraud
CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...
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 ...
RIPR: The Public's Radio21h
Walmart illegally opened delivery drivers’ deposit accounts, U.S. says
Lawsuit alleges Walmart and the payments platform Branch Messenger cost delivery drivers millions of dollars in fees, opening deposit accounts without consent and requiring their use to get paid.
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 ...
Hosted on MSN22h
CFPB sues JPMorgan, BofA, Wells Fargo over failures to prevent Zelle fraud
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells ...