JPMorgan Chase, Bank of America, and Wells Fargo sued over Zelle scams that cost $870 million
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...
Feds Sue Bank of America, Wells Fargo, JPMorgan Over Zelle Fraud
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
CFPB Takes on BoA, Wells Fargo and JPMorgan Chase Over Zelle Fraud
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
U.S. Regulators Sue JPMorgan Chase, Bank Of America And Wells Fargo Over Alleged Fraud On Zelle
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
CFPB sues JPMorgan, BofA, Wells Fargo over fraud on Zelle (upated)
The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...
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Federal regulator sues BofA, JPMorgan, Wells Fargo over Zelle payment network fraud
A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...
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Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
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JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America ... from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.