Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...

CFPB alleges JPMorgan Chase and other big banks skipped important safety features that put Zelle customers at risk.

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

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

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.

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

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...

In a statement, the CFPB said that too often large credit card issuers play "a shell game to lure people into high-cost cards, boosting their own profits while denying consumers the rewards they ...

The CFPB issued the circular in part due to consumer complaints of difficulties in redeeming credit card rewards. In some cases earned rewards have been devalued by policy changes to a rewards program ...

To help consumers, the CFPB launched the Explore Credit Cards tool using open data so people can more easily make apples-to-apples comparisons about their credit card options. The tool provides ...

With holiday shopping in full swing, the Consumer Financial Protection Bureau is warning credit card companies it’s on to their illegal bait-and-switch rewards tactics used on consumers.