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

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

In December, the federal Consumer Financial Protection Bureau, under the Biden administration, filed a lawsuit against Zelle, ...

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

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

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments made through social media networks and messaging apps. Chase said that Zelle was ...

CFPB dropped lawsuit against JPMorgan Chase, Wells Fargo, and Bank of America for alleged failure to prevent fraud on Zelle.

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on Zelle ...