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

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

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Tuesday over their handling of fraud on the peer-to-peer payments network Zelle. The regulatory ...

had claimed in its December 2024 lawsuit that the organizations had not effectively protected Zelle users “from widespread fraud,” causing customers of Bank of America, JPMorgan Chase ...

Zelle is operated by Early Warning Services, which is based in Scottsdale, Ariz. The consumer bureau sued Early Warning and three of its owners — Bank of America, JPMorgan Chase and Wells Fargo ...

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025, the ...

Bank of America declined to comment. JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from fraud on Zelle costing hundreds of millions of dollars. the lawsuit alleged.

UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking new steps to curb payments made to scammers on peer-to-peer payments platform Zelle. Starting March 23, 2025 ...

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. Zelle is a highly popular ...

JPMorgan Chase, Bank of America and Wells Fargo, after accusing them of failing to protect users from fraud on peer-to-peer payments platform Zelle. The financial regulator on Tuesday said that it ...