Chase Bank has warned customers that it will block some Zelle payments starting March 23 following a major uptick in fraud and scam reports. Zelle is a money transfer app in bank accounts and ...
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...
The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...
It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.
The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...
Surveillance footage confirmed their presence at multiple Chase bank locations. On Oct. 3, 2024, a search warrant led to the recovery of additional evidence, including a fraudulent check.
JPMorgan Chase may request information about the purpose of a payment, the method of contact with the recipient or other details the bank "deems appropriate to assess whether your payment has elevated ...
In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on Zelle ...
The CFPB "dismisses this action against Defendants Early Warning Services, LLC, Bank of America, N.A., JPMorgan Chase Bank ... "In a time when fraud and scam activity is surging ...
The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...
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 ...