The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Major banks face federal lawsuit over alleged failure to protect consumers from rampant Zelle payment fraud. Learn how this ...
The CFPB is also ordering Block to fix Cash App’s customer service and its processes for investigating disputed transactions, ...
In a Friday news conference, CFPB Director Rohit Chopra alleged that Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo, as well as Zelle operator Early Warning Services LLC, allowed ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held ...
The Consumer Financial Protection Bureau has been a political punching bag for years, but on the eve of a new Trump ...
The Consumer Financial Protection Bureau's decision to file a lawsuit against Zelle is too late and too narrow to reduce ...
The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.
Block has been ordered to pay a combined $255 million by state regulators and the CFPB over AML and fraud failures connected to the Cash App.
Rohit Chopra’s assault on Zelle will create more openings for crooks.
Chopra delivered the CFPB's semi-annual report to Congress. (Photo by Chip Somodevilla/Getty Images) Peer-to-peer (P2P) payment service Zelle is used by many people to quickly and conveniently ...