US Fed sues JPMorgan, Wells Fargo, BofA over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
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Feds accuse major banks of allowing Zelle fraud
The Consumer Financial Protection Bureau claims that JPMorgan Chase, Wells Fargo and Bank of America have failed to protect consumers from fraud on the popular peer-to-peer payment platform Zelle.
CFPB sues Zelle operator, major banks over failure to counter fraud
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
Novo Nordisk stock sees biggest loss in more than 20 years on CagriSema results
Novo traded down more than 20% Friday morning, its biggest loss since 2002. The CagriSema news boosted competitors, such as ...
Three Big Banks Sued by CFPB Over Zelle Scams
The agency says JPMorgan, Bank of America and Wells Fargo didn’t do enough to protect users from fraud.