CFPB Drops Lawsuit Against Banks Over Zelle Scams
Posted inBank of America Corporation Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Frauds and Swindling JPMorgan Chase & Company Mobile Commerce and Payments Regulation and Deregulation of Industry Shutdowns (Institutional) Suits and Litigation (Civil) Vought, Russell T Wells Fargo & Company Zelle (Early Warning Services LLC)

CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
How Consumers Can Protect Themselves With the CFPB on Pause
Posted inBanking and Financial Institutions Biden, Joseph R Jr Consumer Financial Protection Bureau Consumer Protection Content Type: Service Mobile Commerce and Payments Personal Finances Regulation and Deregulation of Industry Trump, Donald J United States Politics and Government

How Consumers Can Protect Themselves With the CFPB on Pause

Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says.