Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
Zelle and major banks face $870 million lawsuit over alleged fraud losses
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the peer-to-peer payment network Zelle and three ...
JPMorgan Chase, Bank of America, and Wells Fargo sued over Zelle scams that cost $870 million
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and three banks that own it — Wells Fargo, ...
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 ...
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says ...
JPMorgan Chase, BofA and Wells Fargo Sued For 'Festering' Fraud On Zelle
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...
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.
Zelle and America’s biggest banks are being sued for putting your funds at risk
The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect ...
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 ...