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

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

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

After Zelle added to its "S.A.F.E. Squad" campaign, the Consumer Financial Protection Bureau said Zelle customers lost $870 million due to fraud.

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

The US Consumer Financial Protection Bureau has filed a lawsuit against Walmart and workforce payments company Branch ...

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

CFPB sues Zelle and three banks for fraud on the peer-to-peer network, seeking penalties and redress for over $870M in losses ...

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

The Consumer Financial Protection Bureau has filed a lawsuit against digital payment network Zelle and three of America's largest banks, alleging ...

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