Lawsuit Over Zelle Scams Is Dropped by Consumer Bureau
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
CFPB lets banks off the hook and drops Zelle lawsuit
The Consumer Financial Protection Bureau (CFPB) today dismissed a lawsuit against Early Warning Services, the company that runs the Venmo-like Zelle payment platform, as well as the three banks that share ownership of it,
US CFPB drops Zelle case against JPMorgan, BofA, Wells Fargo
The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment service Zelle,
CFPB drops Zelle lawsuit in latest reversal under Trump administration
The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump's administration.
Vought-led CFPB drops Zelle fraud lawsuit against banking giants
The case was dismissed "with prejudice," meaning it cannot be brought again, the Consumer Financial Protection Bureau said in a filing.
CFPB drops Zelle fraud lawsuit, in latest Trump-era rollback at watchdog agency
The Consumer Financial Protection Bureau (CFPB) dropped its fraud lawsuit against the operator of Zelle and three of its parent banks on Tuesday. Why it matters: It's the latest rollback of Biden-era moves from the agency,
Another round of scams is hitting Normal
The Normal Police Department is warning of another round of scammers, this time relating to unpaid tolls. A post on the ...
YouTube warns creators an AI-generated video of its CEO is being used for phishing scams
Y ouTube is warning creators about a new phishing scam that attempts to lure victims using an AI-generated video of its CEO ...
AI-powered scams on the rise: How fraudsters are cloning voices to steal your money
One of the most alarming developments is AI-powered voice cloning, which scammers are using to impersonate loved ones in ...
4 Your Money: Americans overconfident in their ability to avoid online scams
A new survey shows Americans may be too overconfident in their ability to avoid getting scammed online. DOGE ...
BBB ranks the riskiest types of scams
The BBB says in 2024, investment scams, including those involving cryptocurrencies, remained the riskiest scam type.
“Financial Grooming” scams are on the rise, Better Business Bureau says
ROANOKE, Va. (WDBJ) - According to the Better Business Bureau, financial grooming scams are on the rise. This is where a ...
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The High Costs of Climate Scams: Assessing the Green Giveaways in the Inflation Reduction Act
The best way to eliminate the Inflation Reduction Act's enormous and wasteful subsidies would be a total and complete federal ...
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University of Florida professor explores ways to defend against deepfakes and digital scams
Deepfakes are multimedia content that are generated by machine learning or AI so they can sound or look or write just like ...
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Scams for all ages | What the Tech?
Scammers target anyone and everyone and they know which scams work for different demographics and all different ages.
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Watch Out for These Sneaky Venmo, Cash App and Zelle Scams
It can be next to impossible to get your money back from a digital payment app scam. Here's how to avoid becoming a victim.
Oklahoma AG warns residents of contractor scams following severe weather incidents
Attorney General Gentner Drummond is warning Oklahoma residents to be aware of fraudsters following recent severe ...
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How To Avoid Sophisticated AI-Powered Banking Scams Targeting Retirees
Imagine you're enjoying your afternoon walk when you get a call or email from someone claiming to be from your bank informing you that your account is at risk and that you need to provide ...