A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...
The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the ...
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
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 ...