A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
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 ... with some being told to contact the fraudsters directly to recover their money.” ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday ... But defendants did not take meaningful action to address these clear defects for years,” according to ...
(Bloomberg) -- The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The Consumer Financial Protection Bureau (CFPB) accused JPMorgan Chase, Bank of America ... which advised the consumers to then contact those responsible for the alleged fraud for relief, the ...
Congress created the Consumer Financial Protection Bureau in 2010 in the aftermath of the Great Recession. It is a large ...
Bank of America, JPMorgan Chase and Wells Fargo ignored customer ... which noted that some people were advised to contact those behind the fraud to get their money back. Zelle "has been slow ...