CFPB Drops Zelle Fraud Reimbursement Case Against JPMorgan, Wells Fargo

benzinga.com/news/legal/25/03/44122330/cfpb-drops-zelle-fraud-reimbursement-case-against-jpmorgan-wells-fargo

The Consumer Financial Protection Bureau dropped its lawsuit against JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC) and Bank of America Corp (NYSE:BAC) on Tuesday concerning the banks’ alleged failure to prevent fraud on Zelle. The Trump Administration has wound down CFPB…

This story appeared on benzinga.com, 2025-03-04 19:36:19.
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