"The nation's largest banks felt threatened by competing payment apps, so they rushed to put out Zelle," said CFPB Director ...

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

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

The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...

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

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

Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...

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 nation's top consumer watchdog on Friday sued the payment app Zelle and three of the nation's largest banks for failing ...

The agency said they will seek cash damages to repay consumer losses over fraudulent activity. It claims that customers at ...

The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a ...

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