It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against several big banks for failing to safeguard ...

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

The CFPB, which enforces regulations against the financial services industry, had claimed in its December 2024 lawsuit that ...

The CFPB has dropped several cases since the new administration took over The CFPB dropped charges against Zelle, JP Morgan ...

The case was dismissed "with prejudice," meaning it cannot be brought again, the Consumer Financial Protection Bureau said in a filing.