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

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

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 ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

CFPB dropped lawsuit against JPMorgan Chase, Wells Fargo, and Bank of America for alleged failure to prevent fraud on Zelle. Trump administration ended several consumer protection cases.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.

In December, the CFPB sued Wells Fargo for failing to stop “widespread” Zelle fraud. Bank of America and JPMorgan Chase are also named in the lawsuit. Customers have lost more than $870 ...

along with two other banks that own Zelle — Wells Fargo and Bank of America — accusing them of “failing to protect consumers from widespread fraud on America’s most widely available peer ...