The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The Consumer Financial Protection Bureau sued JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Friday ...
JPMorgan Chase is refusing to release $43,000 that belongs to a scammed Bank of America customer, according to a new report.
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 ...
The past year also yielded some notable headlines featuring fraud and scams. In February, an inspector general report provided details about how a pig butchering scam hastened the failure of a ...
Consumers can report fraud to their banks and submit ... than $360 million in losses associated with Zelle-related fraud hit 420,000 Chase customers; some 210,000 Bank of America customers ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
But the three banks collectively reimbursed just 38% of those claims, according to a July Senate report that looked at disputed unauthorized transactions. Banks say they investigate each fraud ...