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

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

JPMorgan Chase reimbursed two percent of transactions disputed as scams, while Wells Fargo reimbursed four percent of scam claims. Bank of America, meanwhile, reimbursed 24 percent of its scam ...

It's taken months, but a local business owner is on track to get back most of her money, and police say they've arrested the ...

“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 ...

Bank of America, JPMorgan Chase and Wells Fargo ignored customer ... Elizabeth Warren issued a report that found increasing incidents of fraud and scams to be occurring on the popular payment ...

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 ...

CFPB sues JPMorgan, Bank of America ... against JPMorgan Chase JPM.N, Bank of America BAC.N and Wells Fargo WFC.N for failing to protect consumers from alleged "widespread fraud" on payments ...

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

CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells ... “Zelle leads the fight against scams and fraud and has industry-leading ...