Earlier this month, several Monroe County residents reported a phone scam involving phony legal threats and demands of payment through Venmo or Zelle. Please note: This content carries a strict local ...
U.S. financial giants Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau (CFPB) over alleged unchecked fraud on the Zelle payment app ...
Walmart, alongside fintech firm Branch Messenger, faces serious allegations from the Consumer Financial Protection Bureau (CFPB) for opening unauthorized bank accounts for over a million delivery ...
The CFPB has pursued enforcement and regulatory activity in the final days of President Joe Biden's administration, announcing a lawsuit on Friday against JPMorgan Chase, Bank of America and Wells ...
Earlier this month, the CFPB under the Biden administration sued JPMorgan Chase, Bank of America and Wells Fargo for allegedly failing to prevent fraud on money-sending app Zelle. President-elect ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular ...
They’re accused of failing to prevent fraud on the payment app Zelle. JP Morgan Chase, Wells Fargo, Bank of America, and Zelle operator Early Warning Services are all named in the suit announced ...
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment ...
The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
“Shortly after Zelle’s launch, significant problems, including fraud being perpetrated on consumers using Zelle, quickly became apparent. But defendants did not take meaningful action to ...