A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...

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 ...

People looking to save money for a big trip or investment may want to make plans around an ‘extra’ paycheck in their pocket.

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

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

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America ... from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.

The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan Chase, Bank of America, and Wells Fargo, claiming that customers of the ...

CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago.

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