The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...

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

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

The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...

Zelle users transferred $481 billion across more than 1.7 billion transactions, according to the Consumer Financial ...

The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...

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

That is the minimum amount customers of three giant U.S. banks have lost since payments platform Zelle was launched in 2017, according to a lawsuit by the Consumer Financial Protection Bureau. The ...

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

The controversial regulator alleges the banks failed to prevent fraud on Zelle, a payment platform they co-own.