· 2d · on MSN
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
· 1d · on MSN
In reversal under Trump, Feds drop Zelle fraud suit against Bank of America, Wells Fargo
The CFPB Drops Its Zelle Lawsuit As the Senate Looks to Curb the Bureau’s Power
The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Tuesday over their handling of fraud on the peer-to-peer payments network Zelle.
Early Warning Services, the owner of Zelle, JPMorgan Chase, Bank of America, and Wells Fargo were sued by former President Joe Biden’s CFPB for allegedly failing to properly investigate fraud ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous enf
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