Bank of America shares are moving higher on Monday after the Federal Reserve Board Vice Chair for Supervision Micheal Barr announced will he will step down.
After a long day helping customers at her art studio, small business owner Amy Kelly, 65, got a phone call that changed her ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
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 says the banks failed to protect hundreds of thousands of consumers from rampant ...
The federal lawsuit claims Wells Fargo, JPMorgan and Bank of America failed to protect their customers from fraud while using Zelle. Zelle is the peer-to-peer payment platform used by millions of ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The nation's top consumer watchdog on Friday sued the payment app Zelle and three of the nation's largest banks for failing ...
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 Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big banks.
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