Major banks face federal lawsuit over alleged failure to protect consumers from rampant Zelle payment fraud. Learn how this legal battle impacts your digital payment security and what steps you need ...

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...

The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the ...

The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of ...

The result, according to the lawsuit, were fraud-related losses ... who had defrauded them." The CFPB said the three banks accounted for 73 percent of Zelle activity last year.

Bureau leadership found there was no mechanism to transfer money the Federal Reserve had given the agency. Consumer advocates ...

The Consumer Financial Protection Bureau and Bank Policy Institute filed twin motions for summary judgement to strike down a ...

The city of Baltimore on Thursday voluntarily dismissed its lawsuit challenging the Trump administration’s efforts to defund the Consumer Financial Protection Bureau (CFPB). The city, which is ...

The CFPB also dismissed a federal lawsuit against Walmart and Branch over an alleged $10 million in junk fees charged to more than a million gig workers. Critics say the moves are part of ...

The Consumer Financial Protection Bureau and its former court foes are now in agreement: an open banking rule shouldn't be ...

The Consumer Financial Protection Bureau voluntarily dismissed its lawsuit with prejudice against a major retailer and a fintech company in the District of Minnesota. One of the last actions filed ...