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

On Friday, the Consumer Financial Protection Bureau (CFPB) sued four financial companies involved ... Bank Of America and ...

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

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 ...

Elon Musk and Marc Andreessen have begun a campaign against the agency, but they're rowing against public opinion: Americans ...

The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase , Bank of America and ...

A U.S. consumer protection agency alleged Walmart Inc. and one of its financial partners with opening accounts for delivery ...

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.

Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...

The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the peer-to-peer payment network. The Consumer Financial Protection Bureau (CFPB ...

(Bloomberg) — The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America ... accounting for 73% of ...