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

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against several big banks for failing to safeguard ...

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 is dropping its lawsuit against the company that runs the Zelle payment platform and ...

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

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 dropped its case Tuesday against the peer-to-peer payment network along with ...

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

N.A., and Wells Fargo, N.A., with prejudice," it said in a filing, as reported by CNBC. A Zelle spokesperson commented, "We welcome the CFPB’s decision to drop its lawsuit against the Zelle network.

(NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC). The three banks are the primary financial institutions facilitating transactions through Zelle. Initially filed in December, the suit accused the ...

Representatives for the CFPB, JPMorgan, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests ...