The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The government’s consumer watchdog alleged Zelle and three banking giants failed to protect users from fraud on the ...
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a ...
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
The lawsuit alleges the banks rushed to complete the Zelle payment network in order to compete with Venmo and CashApp. The ...
A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to ...