The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and ... including steps to limit credit card late fees and overdraft charges, have been met ...

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

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America ... of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.

The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it. The agency alleges that the firms ...