The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...

Rohit Chopra’s assault on Zelle will create more openings for crooks.

(WFLA) — The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the ...

The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

The Consumer Financial Protection Bureau claims that JPMorgan Chase, Wells Fargo and Bank of America have failed to protect consumers from fraud on the popular peer-to-peer payment platform Zelle.

Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...

The US Consumer Financial Protection Bureau (CFPB) announced on Friday that it has filed a lawsuit against JPMorgan Chase Bank, Bank of America, and Wells Fargo Bank for allowing fraud to occur on the ...

Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that ...

For the Consumer Financial Protection Bureau, it’s been an anything-but ... of America’s largest banks over their handling of fraud on the popular payment platform. Monday brought two more ...

alleging a failure to protect consumers from fraud. The Consumer Financial Protection Bureau sued Early Warning Services, which operates the peer-to-peer money transfer network Zelle, on Friday.