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JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
PCMag on MSN11h
Consumer Finance Watchdog Sues Zelle, Major Banks for Failing to Address Fraud
The US Consumer Financial Protection Bureau (CFPB) says hundreds of thousands of Zelle consumers 'were largely denied ...
Crowdfund Insider13h
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 ...
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 ...
LAist on MSN18h
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 ...
Congress approves changes to Social Security that expand benefits for some public sector workers
The U.S. Senate early Saturday passed legislation that will expand Social Security for millions of public sector workers.
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
More than $481 billion is transferred using Zelle every year. Of that, at least $125 million is getting stolen from consumers. The government says the big banks that own the platform have done little ...