A group of banks filed a lawsuit Tuesday against the Federal Reserve over the annual stress test that requires lenders to uphold sufficient reserves for potential loans losses while also controlling ...
"Shortly after Zelle's launch, significant problems, including fraud being perpetrated on consumers using Zelle, quickly became apparent. But defendants did not take meaningful action to address ...
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.
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular ...
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 ...
Zelle, the payments app you likely use primarily ... You'll also see some coverage of memes, tech, sports, and the occasional hot take. You can find him posting endlessly about Buffalo wings ...
IRS sending up to $1,400 to 1 million people. Here's who qualifies.
Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be protected against "widespread" fraud, alleges a lawsuit filed on Friday ...
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 ...