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 ...
The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...
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 says the banks failed to protect hundreds of thousands of consumers from rampant ...
The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...