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

The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...

It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

The CFPB has dismissed its lawsuit against Early Warning Services, which runs Zelle, as well as JPMorgan (JPM), Bank of America (BAC), and ...

and Wells Fargo to lose a combined $870 million since Zelle launched in 2017. The regulator’s filing says it is dismissing its court case with prejudice, meaning that it can’t bring its claims ...

The US Consumer Financial Protection Bureau (CFPB) has reportedly notified a federal court in Arizona that it is dismissing ...

BioNTech said in a regulatory filing on Tuesday the U.S. Food and Drug Administration has placed a clinical hold on an ...

Without The complaint continues: “Defendants’ failures resulted in millions of complaints about Zelle fraud at (JP Morgan Chase, Bank of America and Wells Fargo) alone, including complaints of ...

U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K)-0.46% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L)-0.18% U.S. Bancorp Dep. Pfd ...

BofA analyst Ebrahim Poonawala raised the firm’s price target on Wells Fargo (WFC) to $90 from $86 and keeps a Buy rating on the shares. The firm’s takeaway based on meetings with over 30 Wall ...

This change follows a lawsuit filed in December by the Consumer Financial Protection Bureau (CFPB), which accuses Zelle and three banks that own it (Chase, Wells Fargo, and Bank of America) ...