In December, the CFPB sued Early Warning Services, which runs the peer-to-peer payments network, as well as JPMorgan Chase, ...

The banks and Zelle have consistently contested the CFPB’s claims. JPMorgan called the lawsuit an overreach, arguing that holding banks accountable for criminal acts like scams—including ...

Bank of America and Wells Fargo of failing to protect consumers from fraud costing hundreds of millions of dollars. Representatives for the CFPB, Wells Fargo, and Early Warning Services ...

Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your ...

In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven ...

In the federal civil complaint, the CFPB asserted that the banks rushed to get the peer-to-peer payments platform to market without effective safeguards against fraud and then, after consumers ...

CFPB Drops Lawsuit Against Bank of America, JPMorgan Chase and Wells Fargo Over Zelle Fraud The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle ...