The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...

The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the ...

The agency had dismissed the case 'with prejudice,' which means victims of fraud won't be able to claim relief. It comes as ...

If you’ve never used this service before, you might be wondering: How do I actually receive money through Zelle? We'll break ...

"Banks have consistently followed the law in offering services through Zelle," said Lindsey Johnson, president and CEO of the Consumer Bankers Association. "In a time when fraud and scam activity is ...

It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the ...

The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a ...

Zelle and its parent banks are just the latest ... "In a time when fraud and scam activity is surging across industries and government alike, we look forward to moving past finger pointing and ...