Money & the Law: Perhaps Early Warning Services should come with a warning
Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
The Victoria Advocate4d
Wells Fargo, Chase, Bank of America sued over alleged unchecked fraud
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up ...
MyChesCo on MSN4d
Fraud on a Billion-Dollar Scale? CFPB Takes on Zelle and Big Banks in Explosive Lawsuit
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit against Early Warning Services, ...
3 institutions face lawsuits over Zelle app fraud reports
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that ...
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Winston-Salem Journal6d
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 Monthly6d
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 ...
RIPR: The Public's Radio6d
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.