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

(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 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 ...

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 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 ...

“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 ...

(CNN) — The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer ...

Several of the country’s largest financial institutions are at the center of a new lawsuit. They’re accused of failing to prevent fraud on the payment app Zelle. JP Morgan Chase, Wells Fargo, Bank of ...