Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the ...
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...