Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
Boise State Public Radio1d
CFPB alleges 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle
The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
CFPB sues Zelle operator, major banks over failure to counter fraud
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
Crowdfund Insider15h
CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.
CFPB Takes on BoA, Wells Fargo and JPMorgan Chase Over Zelle Fraud
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
KUOW1d
CFPB sues three top U.S. banks for failing to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
CFPB Sues Zelle Operator, Top U.S. Banks Over Lack of Fraud Prevention -- Update
The CFPB sued Bank of America, JPMorgan Chase and Wells Fargo, alongside Zelle's operator, Early Warning Services--which is co-owned by these three banks, among several others. The CFPB argued that ...
CFPB Sues JPMorgan, Bank of America Over Alleged Zelle Fraud (3)
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
UPI4d
CFPB warns of illegal credit card rewards practices
In a statement, the CFPB said that too often large credit card issuers play "a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they ...