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

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...

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

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

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

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

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.

EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of America. Those three banks are the largest financial institutions on the Zelle network, accounting for 73% of activity ...

Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up a legal ...

The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...

The Consumer Financial Protection Bureau sued JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Friday ...