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

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

The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the ...

Last week, the Consumer Financial Protection Bureau sued 3 of the nation's largest banks and the operator of Zelle for ...

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

The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase , Bank of America and ...

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

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

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

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

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

The Consumer Financial Protection Bureau made the announcement Friday and claims that Americans have lost hundreds of ...