Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the ...
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Elon Musk, Trump’s new presidential advisor, tweeted in early November “Delete CFPB. There are too many duplicative ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
Senate hearing addresses the nation's challenging economy and the role of the Consumer Financial Protection Bureau in ...
In a Friday news conference, CFPB Director Rohit Chopra alleged that Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo, as well as Zelle operator Early Warning Services LLC, allowed ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The report goes on to detail consent orders the bank entered with the CFPB over the last five years. It cites testimony provided by the bank’s former CEO, Timothy J. Sloan, in which he said Wells ...
The CFPB announced a lawsuit against Bank of America, JPMorgan Chase, Wells Fargo and Zelle operator Early Warning Services for enabling systemic fraud. The three banks' customers have lost more than ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.