The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...

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

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

Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...

A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says ...

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

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

J.P. Morgan's stock has surged 41% YTD, outperforming the S&P 500's 27% gain. Despite this performance, I downgraded JPM ...

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

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

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 sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...