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The bureau’s brief was withdrawn because it “advances an interpretation of the Electronic Funds Transfer Act that has never ...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

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 ...

"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 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 ...