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

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

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

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

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

A 31-year-old Henrico man was sentenced to three years and 10 months in prison for conspiracy to commit bank fraud.

CEO pay has been skyrocketing for years now, fueled in part by tax cuts for corporations and ultra wealthy individuals.

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

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

Bank of America and Wells Fargo, after accusing them of failing to protect users from fraud on peer-to-peer payments platform Zelle. The financial regulator on Tuesday said that it dismissed its ...

The 2024 lawsuit alleging rampant fraud on the peer-to-peer payments service is the latest action the CFPB has dismissed ...

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