Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Winston-Salem Journal5d
Nation's three-largest banks sued by federal regulators over alleged Zelle-related fraud
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...
Scottsdale-based operator of Zelle, banks sued by federal government
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
Lawyer Monthly5d
CFPB Sues JPMorgan, Bank of America, Wells Fargo Over Zelle Fraud
CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...
3 institutions face lawsuits over Zelle app fraud reports
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that ...
Watchdog accuses Zelle, banking giants of failing to protect users against fraud
The Consumer Financial Protection Bureau (CFPB) alleged Friday that Bank of America, JPMorgan Chase and Wells Fargo were slow ...
Oregonian5d
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
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.
Money & the Law: Perhaps Early Warning Services should come with a warning
Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...