The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago.
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the ...
The CFPB alleges that Bank of America, JPMorgan Chase, Wells Fargo and Early Warning Services violated federal law through critical failures including: Zelle’s limited identity verification ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America ... from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.