Like many industries, the banking industry is dominated by a few major players -- and in the U.S., those players are JPMorgan ...

As digital payment platforms like Zelle become increasingly popular, major U.S. banks are implementing restrictions to ...

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

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

Zelle is one of simplest ways to transfer money quickly, although limits have been established depending on the bank you use ...

The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.

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

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

Bank of America Securities analyst Ebrahim Poonawala maintained a Buy rating on Wells Fargo (WFC – Research Report) today. The company’s shares ...

CFPB Drops Lawsuit Against Bank of America, JPMorgan Chase and Wells Fargo Over Zelle Fraud The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle ...