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

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...

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

Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...

The CFPB has sued Early Warning Services, the company that operates Zelle, along with three of its owner banks, Bank of ...

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 ...

In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the ...

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

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 CFPB alleges the firms rushed a peer-to-peer payment network to market without adequate consumer protections. © 2024 Fortune Media IP Limited. All Rights ...