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CFPB Drops Its Lawsuit Against Zelle

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 three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.

Crowdfund Insider · 17h

CFPB Drops Zelle Fraud Lawsuit Against Major US Banking Institutions

In a shift in regulatory approach, the Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against three of the largest U.S. banks.

Banking Exchange · 20h

CFPB Dismisses Lawsuit Against Zelle, U.S. Banks

The CFPB has dropped several cases since the new administration took over The CFPB dropped charges against Zelle, JP Morgan Chase, Wells Fargo and Bank of America (the three largest United States-based banks that make up the most transactions).

The Daily Hodl5d

Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions

The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says it ...

The New York Times2d

Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau

Zelle is operated by Early Warning Services, which is based in Scottsdale, Ariz. The consumer bureau sued Early Warning and three of its owners — Bank of America, JPMorgan Chase and Wells Fargo ...

Bitdefender13d

Chase to Block Zelle Payments to Sellers on Social Media Amid Rising Scams

JPMorgan Chase Bank (Chase) is about to implement new restrictions on Zelle payments to combat a sharp increase in scams ...

1don MSN

CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network ...

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