Wells Fargo, JPMorgan Chase and CFPB

CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
The Zelle scandal: why Bank of America, JPMorgan and Wells Fargo were sued
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
CFPB drops Zelle lawsuit in latest reversal under Trump administration
The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump's administration.
The New York Sun5d
For Whom the Zelle Tolls: Trump Drops Lawsuit Against the Wildly Popular Money Transfer Network
One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued that, despite Zelle’s service being free, the network’s users were being ripped off.
Los Angeles Times4d
Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on the Zelle app, used by millions. Dec. 23, 2024 “We welcome the CFPB ...
The Daily Hodl9d
Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions
The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says it's preparing to terminate all transaction capabilities for businesses and consumers on the firm's standalone mobile app,