Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.

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 ...

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 ...

The lawsuit claims Walmart and Branch opened accounts and deposited drivers' pay without consent since 2021, highlighting ongoing CFPB actions against companies mishandling worker and consumer ...

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...

For the Consumer Financial Protection Bureau, it’s been an anything-but-quiet holiday season. On Friday, the federal watchdog ...

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...

CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...