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

The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...

The CFPB alleges the firms rushed a peer-to-peer payment network to market without adequate consumer protections. © 2024 Fortune Media IP Limited. All Rights ...

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.

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 the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment ...

The lawsuit goes after JPMorgan Chase, Bank of America, and Wells Fargo, in addition to a financial-technology company ...

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