JPMorgan Chase launches new restrictions on Zelle after $870 million lost in scams at Chase, Bank of America and Wells Fargo
The controversial payment service Zelle has been used by fraudsters, leading to a massive lawsuit against the operator and ...
SouthFlorida Reporter9h
Will Overdraft Fees Increase Under Trump? Here’s What 7 Banks Told Us
Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting ...
As Internal Fraud Grows, Banks Need More, Not Less, Regulation
Banks are not fans of heavy regulation. Few companies or individuals are. Paying attention to rules takes time, effort, and money. Although sometimes unnecessary and overzealous, quite often ...
bankingdive19h
23 AGs line up behind Baltimore in CFPB case
Efforts to shutter the agency are against public interest, the AGs said. The CFPB’s attorneys argue it’s in the public interest to act “consistent[ly] with the philosophy of a new administration ...
WTEN20h
New York joins lawsuit to block Consumer Financial Protection Bureau shutdown
New York, 21 other states, and Washington D.C. joined a lawsuit to keep the CFPB running, warning the shutdown exposes ...
What’s at stake if Consumer Financial Protection Bureau goes dark
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the ...
NerdWallet1d
R.I.P. CFPB? What’s At Stake If the Watchdog Agency Goes Dark
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
Funding Cuts at CFPB Seen Leading to ‘Regulatory Vacuum’ for Big Banks
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...
Nevada Current1d
States warn CFPB shutdown threatens financial consumer safeguards
Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...
What Trump’s Picks For Financial Regulators Say About His Plans For Policy Reform
President Donald Trump is appointing more leaders to the agencies that oversee banks and financial markets—but experts suggest that his picks may be at odds with the drastic changes his administration ...
The Daily Hodl2d
JPMorgan Chase Launching New Zelle Restrictions After Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 To Scams in One Year
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
Chase to Block Zelle Payments From Social Media Apps
"If you are sending a Zelle payment from your Chase account that is identified as originating from contact through social ...