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

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

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...

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

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.

Online shoppers may not realize they are buying from third-party vendors rather than a reputable shopping site.

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...