CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
WFLA News Channel 8 on MSN3d
CFPB sues Zelle operator and 3 banks, alleging poor fraud safeguards
Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
Crowdfund Insider13d
CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
MediaPost11d
CFPB Lawsuit May Cast New Light On Recent Zelle Campaign
After Zelle added to its "S.A.F.E. Squad" campaign, the Consumer Financial Protection Bureau said Zelle customers lost $870 million due to fraud.
Detroit Free Press14d
$870M in Zelle fraud losses spark lawsuit against platform, 3 major banks
The independent agency also sued the operator of Zelle, called Early Warning Services. The CFPB put Zelle-related fraud losses at more than $870 million involving customers at just the three banks ...
Yahoo Finance14d
CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle
The Zelle logo on a smartphone arranged in Hastings-on-Hudson, New York. The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
WLRN13d
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...
Maine Public13d
CFPB alleges 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...