In reversal under Trump, Feds drop Zelle fraud suit against Bank of America, Wells Fargo
The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...
Few Words on Zelle Payment App
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to pr ...
Digital Transactions1d
The CFPB Drops Its Zelle Lawsuit As the Senate Looks to Curb the Bureau’s Power
The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the ...
ConsumerAffairs2d
Big banks get off the hook from Zelle fraud lawsuit
Big banks are no longer facing a CFPB lawsuit over Zelle fraud claims after the agency dropped its case against JPMorgan, ...
as.com2d
Goodbye to transfers as you knew them: Zelle changes at Bank of America and Wells Fargo
Users can transfer money almost instantaneously by entering only a contact’s mobile phone number ... maximum amounts you can transfer. However, Zelle may impose additional restrictions depending ...
CFPB drops fraud suit against Zelle’s operator, big banks
The 2024 lawsuit alleging rampant fraud on the peer-to-peer payments service is the latest action the CFPB has dismissed ...
The Public's Radio2d
The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot
It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the ...
MT Newswires on MSN2d
Consumer Watchdog Dismisses Zelle Case Against Major Banks
The US Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against Bank of America (BAC), JPMorgan Chase (JPM) and Wells Fargo (WFC) regarding transactions on the Zelle payments ...
Zacks Investment Research on MSN1d
CFPB Drops Zelle Payment App Fraud Case Against JPM, WFC & BAC
The U.S. Consumer Financial Protection Bureau (“CFPB”) dismissed a sweeping lawsuit against JPMorgan JPM, Bank of America Corp. BAC and Wells Fargo & Co. WFC for failing to protect consumers from ...
InvestmentNews1d
Wall Street banks avoid court battle as toothless CFPB withdraws lawsuit
CFPB’s court filing in December 2024 alleged that the banks had rushed to capture market share which was “prioritized at the ...
U.S. FDA places clinical hold on BioNTech's malaria vaccine study
BioNTech said in a regulatory filing on Tuesday the U.S. Food and Drug Administration has placed a clinical hold on an ...