CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...

Bank of America, JPMorgan Chase and Wells Fargo ignored customer complaints related to Zelle, with users losing hundreds of millions of dollars in scams, the regulatory agency alleges. Zelle is ...

The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.

EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of America. Those three banks are the largest financial institutions on the Zelle network, accounting for 73% of activity ...

It is jointly owned by Bank of America, Capital One, JPMorgan Chase, PNC Bank, Truist, US Bank, and Wells Fargo. The CFPB claims that since Zelle's launch in 2017, customers of the three banks ...

The Consumer Financial Protection Bureau's decision to file a lawsuit against Zelle is too late and too narrow to reduce ...