The Consumer Financial Protection Bureau said more than $870 million in Zelle-related fraud losses hit consumers at three big ...

Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...

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

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

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

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

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

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

JPMorgan Chase said it prevents nearly $20 billion ... Elizabeth Warren issued a report that found increasing incidents of fraud and scams to be occurring on the popular payment app, with large ...

Besides the three defendants in the CFPB suit, Early Warning is owned by Capital One, PNC Bank, Truist, and U.S. Bank. It ...