CFPB sues JPMorgan, BofA, Wells Fargo over failures to prevent Zelle fraud
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from “widespread fraud” on the Zelle payments platform. Early Warning Services, which developed and operates Zelle, has also been named in the lawsuit.
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched ...
The same organizations that are suing the agency over its effort to limit overdraft fees to $5 filed court paperwork ...
After The Great Recession, the government set up the Consumer Financial Protection Bureau — an independent bureau to protect the consumer from abuses by financial institutions and companies. Now there ...
CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money ...
The Consumer Financial Protection Bureau (CFPB) released its new Explore Credit Cards tool this week, intended to allow ...
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should ...
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