Rohit Chopra’s assault on Zelle will create more openings for crooks.

The Consumer Financial Protection Bureau has sued some of the largest U.S. corporations and banks before the changeover to ...

The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...

The law covers instances in which banks charge customers when their withdrawals are declined instantaneously, such as at ATMs ...

That is the minimum amount customers of three giant U.S. banks have lost since payments platform Zelle was launched in 2017, according to a lawsuit by the Consumer Financial Protection Bureau.

THIS IS SOMETHING I’VE TOLD YOU ABOUT BEFORE. TONIGHT, THE CONSUMER FINANCIAL PROTECTION BUREAU IS ARGUING THE BANKS JP MORGAN CHASE, BANK OF AMERICA AND WELLS FARGO, WHICH ARE PART OWNERS OF ...

The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment ...

On Friday, the Consumer Financial Protection Bureau (CFPB) sued four financial companies involved with Zelle. The CFPB’s lawsuit (via CNBC) accuses Zelle’s operator (Early Warning Services ...

The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the ...

The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the payment ...