It’s easy enough for someone to say they’re calling from a local bank branch. But in this case, caller ID showed the branch’s ...
The agency, which was virtually shuttered by President Trump last month, had accused JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from fraud costing hundreds of ...
Bank of America and Wells Fargo who use Zelle lost a collective $870 million on the platform over the last seven years. When fraud victims reached out for assistance, the banks were largely ...
Initially filed in December, the suit accused the defendants of failing to adequately investigate fraud complaints and ... JPMorgan Chase Bank and Wells Fargo Bank, with prejudice.” ...
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 ...
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 ...
In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on Zelle ...