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

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

The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and three banks that own it — Wells Fargo, ...

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

"Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves," the CFPB said.

In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the ...

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

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

The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect ...

Zelle users transferred $481 billion across more than 1.7 billion transactions, according to the Consumer Financial ...

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