The lawsuit, filed in December, accused Zelle’s parent company, Early Warning Services, along with JPMorgan Chase, Bank of ...

The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against several big banks for failing to safeguard ...

dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Tuesday over their handling of fraud on the peer-to-peer payments network Zelle. The regulatory ...

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025, the ...

A high rate of Zelle scams originating from social media contacts has led JPMorgan Chase Bank to block payments made through social media networks and messaging apps. Chase said that Zelle was ...

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025 ...

Bank of America declined to comment. JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from fraud on Zelle costing hundreds of millions of dollars. the lawsuit alleged.

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. Zelle is a highly popular ...

Those three banks are the largest financial institutions on the Zelle network ... Bank of America, JPMorgan Chase and Wells Fargo with prejudice. The dismissal comes less than a week after ...

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 ...