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Walmart Spark Drivers Paid $10 Million in ‘Junk Fees' to Access Payments, US Lawsuit Says
The CFPB sued Walmart and workforce payments provider Branch Messenger for illegally opening deposit accounts for more than 1 ...
Providence Business News2d
Federal regulator sues BofA, JPMorgan, Wells Fargo over Zelle payment network fraud
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 ...
WFLA News Channel 82d
CFPB sues Zelle operator and 3 banks, alleging poor fraud safeguards
The CFPB has sued Early Warning Services, the company that operates Zelle, along with three of its owner banks, Bank of ...
NerdWallet3d
Zelle Money Transfer: What It Is, How to Use It
If you have an account at Wells Fargo and you need to send your half of the rent to your roommate who uses Ally Bank, don’t worry. Zelle has a huge list of partner banks and credit unions that ...
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 ...
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.
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.