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 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 is dropping its lawsuit against the company that runs the Zelle payment platform and ...

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.

The decision to drop the case comes as the CFPB, now led by White House budget director Russell Vought, has dropped multiple ...

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

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.

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

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 ...