Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...
The lawsuit goes after JPMorgan Chase, Bank of America, and Wells Fargo, in addition to a financial-technology company ...
The CFPB has filed a lawsuit against Zelle and three major US banks, alleging that they failed to adequately protect ...
The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
The Consumer Financial Protection Bureau has sued some of the largest U.S. corporations and banks before the changeover to ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.