The filing of this Statement of Interest was inappropriate. The Statement represents an unsuitable method of advancing a ...

The bureau’s brief was withdrawn because it “advances an interpretation of the Electronic Funds Transfer Act that has never ...

Los Angeles officials are reaching out to the local Armenian community for assistance with an ongoing investigation into allegations of discriminatory banking practices.

The CFPB dropped ... consumers from fraud on Zelle. The defendants allegedly rushed to launch Zelle without implementing sufficient anti-fraud protections. Because the cases were dismissed with ...

In a lawsuit, CFPB says 3 ... system that made fraud easy, and then refusing to help the victims." However, that was then. On Tuesday the administration dropped its case against Zelle, according ...

In December, the CFPB filed the Zelle fraud case against the three big banks, alleging a lack of safeguards had cost customers more than $870 million in fraud over Zelle's seven-year history.

The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous ...

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment ...

The bureau had filed the lawsuit in late December against the operator of Zelle, Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud ... its case ...

"This is about financial institutions fulfilling their basic obligations to protect customers' money and help fraud ... its case against online lending platform SoLo Funds. The CFPB has also ...