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 ...

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

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

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 now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Tuesday over their handling of fraud on the peer-to-peer payments network Zelle. The regulatory ...

The agency’s one-page filing dismissed the complaint with prejudice, meaning it cannot be revived in the future.

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 ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the operator of the Zelle payment network and three of the banks that control it, JPMorgan Chase (NYSE:JPM), Bank ...

Those three banks are the largest financial institutions on the Zelle network ... Bank of America, JPMorgan Chase and Wells Fargo with prejudice. The dismissal comes less than a week after ...