The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks for failing to safeguard the Zelle payments network from fraud.

The lawsuit was dropped March 4. It had targeted Early Warning Services, the company behind the Zelle payments network, along with Charlotte-based Bank of America Corp. (NYSE: BAC), JPMorgan Chase ...

"CFPB dismisses Zelle lawsuit against JPMorgan, BofA, Wells Fargo" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has ...

Bank of America declined to comment. JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from fraud on Zelle costing hundreds of millions of dollars. the lawsuit alleged.

The US Consumer Financial Protection Bureau (CFPB) has reportedly notified a federal court in Arizona that it is dismissing ...