Labor unions are slowly but steadily growing in the banking industry, with Wells Fargo employees marking recent victories to ...
A report by the National Council on the Administration of Justice showed that there was an increase in the number of serious ...
The Consumer Financial Protection Bureau (CFPB) has sued the operator of Zelle—as well as Bank of America, JPMorgan Chase, and Wells Fargo—for failing to protect consumers on the peer-to-peer ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...
The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...
The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.
Also named as a defendant in the lawsuit is Early Warning Services, a fintech company based in Scottsdale, Arizona, that operates Zelle. EWS is owned by seven U.S. banks, including JPMorgan, Wells ...
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