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 ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
JPMorgan Chase and Zelle of enabling widespread fraud. Being freed from the 2011 orders "is another important sign that we continue to make clear, meaningful progress to resolve our historical ...
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on ...
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