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

The Consumer Financial Protection Bureau (CFPB) alleged that various factors, including Zelle's relatively 'limited ...

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

The Consumer Financial Protection Bureau sues Zelle and major banks for alleged fraud, seeking redress for consumers and ...

The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks ...

The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and ...

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

The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...

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

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There are no fees on money orders or cashier’s checks and no fees to transfer money with Zelle. JPMorgan Chase Bank, N.A. Member FDIC. We chose fintech Chime’s Checking Account®* as one of ...