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

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

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

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

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

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 sued JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Friday ...

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 Consumer Financial Protection Bureau today announced it is suing three major banks and Early Warning Services, the bank-owned ... for instances of fraud. JPMorgan Chase spokesperson, Patricia ...

“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 ...