A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Wells Fargo, JP Morgan 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 a legal ...
CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the suit. It said Bank of America and Chase sent customers’ transfers to the ...
The nation’s three largest financial institutions — Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are being sued by the ...
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...
the company that operates Zelle, along with three of its owner banks, Bank of America, JP Morgan Chase and Wells Fargo. The CFPB alleges the defendants rushed to create the app to compete with ...