The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...

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

Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...

"Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves," the CFPB said.

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

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says ...

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

The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...

Zelle operator Early Warning Services rushed the platform to market to compete with the likes of Venmo and CashApp but ...

The Consumer Financial Protection Bureau on Friday sued JPMorgan Chase, Bank of America and Wells Fargo over their handling ...

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...