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

In the modern age, there are plenty of ways to send money to friends, family and people you contract for work. Using apps ...

In the first ... in Zelle’s network directory. Zelle blasts what it calls a ‘meritless lawsuit’ Bank of America said it has 23 million customers who have embraced Zelle and use it regularly ...

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

Wells Fargo, JP Morgan Chase and Bank of America ... away credit unions and community and minority-owned banks offering Zelle. Some 2,200 financial institutions use the service.

UPDATE: This article includes additional comments from JPMorgan Chase and the Bank ... E. Zelle's parent, Early Warning Services, is based in Scottsdale. More than 143 million consumers transferred ...

The lawsuit names Zelle ... Bank of America, JPMorgan Chase and Wells Fargo, the lawsuit said. Do you have a news tip for Investopedia reporters? Please email us at Investopedia requires writers ...

It is also suing Bank of ... undermines Zelle, and will empower criminals and hurt small businesses and community banks. Metro Phoenix tenants can get apartment data landlords use to set rents ...