Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.

The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal government over alleged “widespread fraud” payments through Zelle. The Consumer ...

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

The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...

Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.

A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...

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

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

The CFPB alleges the firms rushed a peer-to-peer payment network to market without adequate consumer protections. © 2024 Fortune Media IP Limited. All Rights ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

The nation's top consumer watchdog on Friday sued the payment app Zelle and three of the nation's largest banks for failing ...

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