Earlier this month, several Monroe County residents reported a phone scam involving phony legal threats and demands of payment through Venmo or Zelle. Please note: This content carries a strict local ...

U.S. financial giants Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau (CFPB) over alleged unchecked fraud on the Zelle payment app ...

Walmart, alongside fintech firm Branch Messenger, faces serious allegations from the Consumer Financial Protection Bureau (CFPB) for opening unauthorized bank accounts for over a million delivery ...

US government's suit alleges Walmart and Branch incorrectly told drivers they would have instant access to their wages when in reality they experienced delays or faced fees in transferring their funds ...

"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 ...

That is the minimum amount customers of three giant U.S. banks have lost since payments platform Zelle was launched in 2017, according to a lawsuit by the Consumer Financial Protection Bureau.

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular ...

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 ...

They’re accused of failing to prevent fraud on the payment app Zelle. JP Morgan Chase, Wells Fargo, Bank of America, and Zelle operator Early Warning Services are all named in the suit announced ...

The federal lawsuit claims Wells Fargo, JPMorgan and Bank of America failed to protect their customers from fraud while using Zelle. Zelle is the peer-to-peer payment platform used by millions of ...

Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be protected against "widespread" fraud, alleges a lawsuit filed on Friday ...