Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...
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CFPB Drops Zelle Payment App Fraud Case Against JPM, WFC & BAC
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to protect consumers from ...
In reversal under Trump, Feds drop Zelle fraud suit against Bank of America, Wells Fargo
Zelle is co-owned by the banks listed in the lawsuit and several other large financial institutions such as Capitol One, U.S. Bank and Charlotte-based Truist. Last year, the consu ...