The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...

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.

Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...

Efforts to gut the bureau still appear on, evidence may indicate. A defense attorney, meanwhile, tried to highlight the differences between DOGE’s actions and those of the CFPB’s new leadership.

It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how ...

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 also levied $5 billion in civil monetary penalties. In recent years, the CFPB has ordered: Wells Fargo to pay $3.7 billion for “widespread mismanagement” of auto loans, mortgages ...

Only Congress can eliminate the CFPB, and some of Trump's efforts to shut it down have been halted by the courts. Even a less ...

In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on Zelle, in violation ...

Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...

"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 ...

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 ...