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Consumer Finance Watchdog Sues Zelle, Bank of America, JPMorgan Chase, Wells Fargo
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
Feds Sue Bank of America, Wells Fargo, JPMorgan Over Zelle Fraud
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
U.S. Regulators Sue JPMorgan Chase, Bank Of America And Wells Fargo Over Alleged Fraud On Zelle
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and three banks that own it — Wells Fargo, ...
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread’ Zelle fraud
In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the ...
Zelle and America’s biggest banks are being sued for putting your funds at risk
The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect ...
Wells Fargo, JPMorgan, Bank of America face federal lawsuit over Zelle payment fraud
The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant ...
CFPB sues JPMorgan, Bank of America over alleged Zelle fraud
"Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves," the CFPB said.
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
The Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market ...
Watchdog accuses Zelle, banking giants of failing to protect users against fraud
The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the ...
CFPB sues JPMorgan, Bank of America, Wells Fargo over Zelle
Zelle operator Early Warning Services rushed the platform to market to compete with the likes of Venmo and CashApp but ...