The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal ...

Rohit Chopra’s assault on Zelle will create more openings for crooks.

The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect ...

Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

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

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

In addition to exposing customers to fraud, the banks violated federal laws for electronic fund transfers, according to the ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to ...

Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be protected against "widespread" fraud, alleges a lawsuit filed on Friday ...

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 ...