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

Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...

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 ...

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

People looking to save money for a big trip or investment may want to make plans around an ‘extra’ paycheck in their pocket.

The CFPB said customers of the three banks — JPMorgan Chase, Bank of America and Wells Fargo — have lost more than $870 ...

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...

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

The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.

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