The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...
CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells ... said CFPB Director Rohit Chopra in a statement. “By their failing to put ...
A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
The account, which carries a monthly fee of $12 (or $0 when one of several actions listed below is completed within each monthly statement ... are provided by JPMorgan Chase Bank, N.A. (JPMCB).
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Zelle said in a statement to the Detroit Free Press ... The CFPB alleges that Bank of America, JPMorgan Chase, Wells Fargo, and Early Warning Services violated federal law through crucial failures ...
The Consumer Financial Protection Bureau sued Bank of America, JPMorgan Chase and Wells Fargo ... director of CFPB, said in a statement. "By their failing to put in place proper safeguards ...
A federal regulator sued JPMorgan Chase, Wells Fargo and ... we work directly with them," the bank based in Charlotte, North Carolina, said. In a statement, New York-based JPMorgan said the ...