Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
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Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Chase Bank is accepting responsibility for a mistake that caused a check written for $400 to deduct $4,000 from a Sacramento viewer's Wells Fargo account.
A Sacramento man said his bank added a zero to a check he wrote. When it put his account in the red, it was time to call Kurtis.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.
Customers took to social media to express concern and frustration after payments didn't up up in their accounts.
Investors claimed the bank hadn't been honest about its progress in fixing its problems following scandal involving sham accounts.
Wells Fargo has committed up to $1 billion to fund a variety of projects that foster community development.
"Wells Fargo's rinse-repeat cycle of violating the law has harmed millions of American families," CFPB director said.