It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...

The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

In December, the federal Consumer Financial Protection Bureau, under the Biden administration, filed a lawsuit against Zelle, ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks for failing to safeguard the Zelle payments network from fraud.

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on the Zelle app, used by millions. Dec. 23, 2024 “We welcome the CFPB ...

About two-thirds of surveyed Americans support the Consumer Financial Protection Bureau (CFPB), according ... support the CFPB’s rule capping bank overdraft fees at $5, while 66 percent back ...

WASHINGTON — The Consumer Financial Protection Bureau is dropping its ... Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant ...