As digital payment platforms like Zelle become increasingly popular, major U.S. banks are implementing restrictions to ...

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

Zelle is one of simplest ways to transfer money quickly, although limits have been established depending on the bank you use ...

The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.

The agency’s one-page filing dismissed the complaint with prejudice, meaning it cannot be revived in the future.

Zelle and other digital payment apps, such as Venmo and Cash App, make it easy for scammers to get your money, and many ...

The CFPB, which enforces regulations against the financial services industry, had claimed in its December 2024 lawsuit that ...

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

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.

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

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