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

Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...

People looking to save money for a big trip or investment may want to make plans around an ‘extra’ paycheck in their pocket.

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

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...

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

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

CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago.

The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the peer-to-peer payment network. The Consumer Financial Protection Bureau (CFPB) ...

The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...

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