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.

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

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

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

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

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

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

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

The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...

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

Zelle operator Early Warning Services rushed the platform to market to compete with the likes of Venmo and CashApp but ...