(Photo by Chip Somodevilla/Getty Images) Peer to Peer Payment Payment Service (P2P) Zelle is used by many people to quickly and conveniently send money electronically from their credit card or ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to ...

SO TODAY, THE NATION’S TOP CONSUMER WATCHDOG SUED THE PAYMENT APP ZELLE AND THREE OF THE NATION’S LARGEST BANKS FOR FAILING TO PROTECT CUSTOMERS FROM FRAUD. THIS IS SOMETHING I’VE TOLD YOU ...

The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo "for failing to protect consumers from widespread fraud" at the ...

"Shortly after Zelle's launch, significant problems, including fraud being perpetrated on consumers using Zelle, quickly became apparent. But defendants did not take meaningful action to address ...