Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...

A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...

The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.

Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.

The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...

Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.

The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...

The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...

The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the ...

The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says ...