A 78-year-old Elk River man has reported sending approximately $336,000 in wire transfers through his Wells Fargo account after being involved in several online romantic relationships that turned out ...
The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
Early Warning Services, a fintech company based in Scottsdale, Arizona, that operates Zelle, is named in the lawsuit. EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of ...
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
More than $481 billion is transferred using Zelle every year. Of that, at least $125 million is getting stolen from consumers. The government says the big banks that own the platform have done little ...
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The CFPB has sued JPMorgan Chase, Bank of America and Wells Fargo, along with the operator of Zelle, for failing to properly ...
Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be ...
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...