The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...
Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Zelle users transferred $481 billion across more than 1.7 billion transactions, according to the Consumer Financial ...
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Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...
The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Zelle operator Early Warning Services rushed the platform to market to compete with the likes of Venmo and CashApp but ...