Zelle and other digital payment apps, such as Venmo and Cash App, make it easy for scammers to get your money, and many ...
The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...
Big banks are no longer facing a CFPB lawsuit over Zelle fraud claims after the agency dropped its case against JPMorgan, ...
CFPB Drops Lawsuit Against Bank of America, JPMorgan Chase and Wells Fargo Over Zelle Fraud The Consumer Financial Protection ...
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...
Four people involved in a mail theft and bank fraud scheme were all sentenced to prison, according to court documents.
It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.
The agency, which was virtually shuttered by President Donald Trump last month, had accused JPMorgan Chase, Bank of America ...
Bank of America and Wells Fargo who use Zelle lost a collective $870 million on the platform over the last seven years. When fraud victims reached out for assistance, the banks were largely ...
as well as JPMorgan Chase, Bank of America and Wells Fargo in December, alleging that the firms failed to properly investigate fraud complaints or give victims reimbursement. The CFPB "dismisses ...
The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks ...