Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
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 government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks ...