Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...
Wells Fargo, JP Morgan 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 a legal ...
“Zelle leads the fight against scams and fraud and has industry-leading reimbursement ... contested CFPB’s claim that customers of Chase, Bank of America and Wells Fargo who complained of ...
JPMorgan Chase, Bank of America, Wells Fargo and the operator of Zelle sued for "for allowing fraud to fester" ...