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

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of ...

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

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

The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...

It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

CFPB dropped lawsuit against JPMorgan Chase, Wells Fargo, and Bank of America for alleged failure to prevent fraud on Zelle.

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

N.A., and Wells Fargo, N.A., with prejudice," it said in a filing, as reported by CNBC. A Zelle spokesperson commented, "We welcome the CFPB’s decision to drop its lawsuit against the Zelle network.

Zelle was designed as a bank-backed alternative to peer-to-peer payment services such as PayPal. BofA and Wells Fargo declined to comment on the matter, redirecting CBJ to a statement by Zelle's ...