Consumer Financial Protection Bureau, Zelle

'Zelle Became A Gold Mine For Fraudsters': Consumer Financial Protection Bureau Lawsuit (UPDATED)
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for failing to protect consumers from widespread fraud on the peer-to-peer payment network,
Consumer Financial Protection Bureau sues big banks over 'widespread' fraud on Zelle app
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge
The US Consumer Financial Protection Bureau sues Zelle and four of its partner banks
The government agency sued Zelle’s operating company and four of its partner banks (JPMorgan Chase, Bank Of America and Wells Fargo). The CFPB says the service hasn’t done enough to protect consumers from fraud.
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
3 institutions face lawsuits over Zelle app fraud reports
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that the incoming Trump administration could quash as soon as next month.
Christine Chen Zinner: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
Musk and Andreessen are the leading edge of a false populism that hides an agenda that will unfold over the next four years ...
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced ...
Consumer protection agency closes the Biden era taking big swings
For the Consumer Financial Protection Bureau, it’s been an anything-but-quiet holiday season. On Friday, the federal watchdog ...
Bank Groups Sue US Government Bureau Over Overdraft Fees Rule
A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.
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Consumer Financial Protection Bureau (CFPB) Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, ...
Elon Musk wants to ‘delete’ many Americans’ financial lifeline
It is especially surprising that one of the first federal agencies to come under scrutiny from the incoming administration is ...
Financial Watchdog Alleges Walmart Forced Army of Gig-Worker Drivers to Receive Pay Through High-Fee Accounts
The Consumer Financial Protection Bureau sued Walmart and the payments platform Branch Messenger in federal court in ...
'Treadmill of debt': Consumer protection head sounds off on credit card companies' practices
Consumer Financial Protection Bureau Director Rohit Chopra tells Yahoo Finance that the high interest rates charged by credit ...
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State consumer bureau gives tips on post-holiday returns & refunds
The New York Department of State’s Division of Consumer Protection is providing some tips on returning those unwanted holiday presents. According to the National Retail Federation, this year’s holiday ...