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The bureau’s brief was withdrawn because it “advances an interpretation of the Electronic Funds Transfer Act that has never ...

Citi did not admit to any wrongdoing in its settlement with the CFPB, but it acknowledged in subsequent statements that certain employees went too far in trying to "thwart a well-documented Armenian ...

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 ...

Details of Lawsuit & Its Dismissal By CFPB In December 2024 ... or offer their clients a legally necessary reimbursement for fraud and errors. The lawsuit alleged that JPM, WFC and BAC customers ...

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.

In a significant shift in regulatory approach, the Consumer Financial Protection Bureau (CFPB ... case, which alleged that these institutions failed to protect consumers from widespread fraud ...

"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 ...

The exterior of the Consumer Financial Protection Bureau (CFPB) headquarters on Feb. 10, 2025 in Washington, DC. According to media reports employees of the CFPB were notified that the ...

The Consumer Financial Protection Bureau (CFPB) has entered a period of significant ... the status of ongoing investigations and pending cases. It is unclear how these matters will be resolved ...

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 ...