Zelle is owned by seven major banks. The CFPB has sued Early Warning Services, the company that operates Zelle, along with ...

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

Three of the biggest U.S. banks are being sued by a top financial regulator that says they allowed fraud to run rampant on ...

CFPB alleges JPMorgan Chase and other big banks skipped important safety features that put Zelle customers at risk.

The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...

The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...

Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...

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

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

Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...

The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...