More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to ...
Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread’ Zelle fraud
The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...
Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
'Zelle Became A Gold Mine For Fraudsters': Consumer Financial Protection Bureau Lawsuit (UPDATED)
Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...
MarketWatch13d
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
More than $481 billion is transferred using Zelle every year ... says the big banks that own the platform have done little to stop it. In a rush to bring the payment-transfer service to market ...
Raleigh News & Observer13d
Feds sue Bank of America, Wells Fargo for failing to stop ‘widespread’ Zelle fraud
A federal agency is suing three of the America’s largest banks for not protecting customers from fraud on Zelle. And two of ... to ensure their service does not suffer.” Wells Fargo is facing ...