The CFPB lets JPMorgan Chase and other banks off the hook in dropping a Zelle fraud lawsuit
The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...
Independent Journal Review4h
STEPHEN MOORE: For Whom The Zelle Tolls: Why Dumping Biden Era Case Against Popular Service Was Correct
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle – ...
Senate Votes to Strip CFPB of Ability to Regulate Platforms Like X
A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...
Yahoo Finance2d
CFPB drops fraud suit against Zelle’s operator, big banks
The banks’ customers lost $870 million to fraud on Zelle’s platform over seven years, according to the lawsuit. The CFPB’s broad effort to abandon the prior administration’s litigation on ...
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...