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.

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

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

The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...

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

“Zelle leads the fight against scams and fraud and has industry-leading reimbursement ... contested CFPB’s claim that customers of Chase, Bank of America and Wells Fargo who complained of ...

Wells Fargo, JP Morgan Chase and Bank of America are being sued by ... Early Warning claimed it has “highly effective multi-layered fraud and scam prevention measures” that in 2023 resulted ...

The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...

A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of failing to protect consumers from fraud on the widely available peer-to-peer ...

JPMorgan Chase, Bank of America, Wells Fargo and the operator of Zelle sued for "for allowing fraud to fester" ...

The nation's top consumer watchdog on Friday sued the payment app Zelle and three of the nation's largest banks for failing ...