Zelle is a major embarrassment to the big bank community. If you don’t know, it’s an app used to send money to a person or ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have ...
EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of America. Those three banks are the largest financial institutions on the Zelle network, accounting for 73% of activity ...
Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up a legal ...
The bank laid out digital enhancements to its mobile app and plans to generate growth as regulatory burdens lift.
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...
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 ...