CFPB sues Zelle operator, major banks over failure to counter fraud
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
Three Big Banks Sued by CFPB Over Zelle Scams
The agency says JPMorgan, Bank of America and Wells Fargo didn’t do enough to protect users from fraud.
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.
CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle
The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
Boise State Public Radio1d
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
CFPB sues top US banks, says they allowed fraud on payment platform Zelle
The U.S. Consumer Financial Protection Bureau said on Friday it had filed a lawsuit against JPMorgan Chase , Bank of America, ...
Boise State Public Radio1d
CFPB sues three top U.S. banks for failing to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
CFPB Director: Wall Street wants a lap dog, not a watchdog
After The Great Recession, the government set up the Consumer Financial Protection Bureau — an independent bureau to protect ...
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 ...
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CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
CFPB Takes on BoA, Wells Fargo and JPMorgan Chase Over Zelle Fraud
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...