The Consumer Financial Protection Bureau sued the operator of Zelle and three of the country's largest banks — JPMorgan Chase ...

The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...

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

The Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market ...

The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant ...

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

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

The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...

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

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

Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be ...

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