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

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

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

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

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

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

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments ...

Zelle told us “Not every case of a scammer ... as it would provide a roadmap to criminals.” Wells Fargo wouldn’t comment on the specifics of this case but said in a statement: “We have ...