Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to ...

Financial regulators on Friday filed a lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Zelle’s parent firm, ...

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

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 (CFPB) has launched a lawsuit against Zelle, the popular peer-to-peer payment ...

CFPB alleges that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago.

The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with ...

Zelle said in a statement it would defend ... to clients,” said Bank of America spokesperson Bill Halldin. A JPMorgan Chase spokesperson said in a statement that the CFPB’s actions were ...

The suit alleges that Bank of America, JPMorgan Chase, Wells Fargo, and Early Warning Services violated federal law. Namely, the suit claims there was insufficient identity verification by Zelle ...

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