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Chopra delivered the CFPB's semi-annual report to Congress. (Photo by Chip Somodevilla/Getty Images) Peer to Peer Payment Payment Service (P2P) Zelle is used by many people to quickly and ...

CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against major banks JPMorgan Chase , Bank of America , and Wells Fargo , along with Zelle's operator Early Warning Services.

“Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers,” CFPB Director Rohit Chopra said in a statement after the agency sued the ...

CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers, and Walmart then deposited drivers’ pay into said accounts without the drivers’ consent.

The Consumer Financial Protection Bureau on Friday sued the operator of payment app Zelle, as well as three major banks, alleging they did not do enough to protect consumers from fraud. The CFPB ...

Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond ...

Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

Advertisement "Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers," CFPB Director Rohit Chopra said. The suit alleges that for two ...