Trump's CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
The lawsuit, filed in December, accused Zelle’s parent company, Early Warning Services, along with JPMorgan Chase, Bank of America, and Wells Fargo of improperly handling fraud
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against Capital One.
Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump administration's latest move to drop enforcement actions.
The CFPB lets JPMorgan Chase and other banks off the hook in dropping a Zelle fraud lawsuit
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.
The CFPB Drops Its Zelle Lawsuit As the Senate Looks to Curb the Bureau’s Power
The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the Zelle person-to-person payments network. The suit had also named Bank of America, JPMorgan Chase, and Wells Fargo as defendants. The financial institutions are three of the seven bank owners of Early Warning.
Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
Regulator Drops Fraud Lawsuit Against Zelle’s Parent Company, Relieving Major Banks Of Resolving...
The Consumer Financial Protection Bureau dismissed its lawsuit against Zelle operator Early Warning Services and the three banks that run transactions on it. The agency had accused JPMorgan Chase, Bank of America,
CFPB dismisses Zelle lawsuit against JPMorgan, BofA, Wells Fargo
The US Consumer Financial Protection Bureau (CFPB) has reportedly notified a federal court in Arizona that it is dismissing the lawsuit lodged in December against three banks over their management of the Zelle payment service.
CFPB Drops Zelle Payment App Fraud Case Against JPM, WFC & BAC
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to protect consumers from fraud on Zelle,
Ohio's Richard Cordray, ex-CFPB director, lambasts Trump for wiping out 'police' of banks
Richard Cordray, first director of the Consumer Financial Protection Bureau, warns that President Trump is trying to wipe out ...
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How a shutdown of the Consumer Financial Protection Bureau could impact you
If the Trump administration dismantles the CFPB, people could lose key protections against things like scams and for filing ...
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BBB: The Consumer Financial Protection Bureau is shut down. What does this mean for consumers?
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers ...
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Consumer Financial Protection Bureau Could Be Led to Its Demise From the Inside
The Trump administration insists the financial watchdog is safe for now, but as in administrations past, it can be made into ...
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Significant Changes at the CFPB under the Second Trump Administration
The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) has recently made headlines in the past month under the ...
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 payment platform and ...