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 payments ...

In this case: A bank’s duty in a Zelle scam A scammer posing as an Audible representative tricks a customer and steals $3,495 through a Zelle transfer. Federal law (Regulation E) protects consumers ...

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 ...

Editor’s Note: This article has been updated to include a statement from Zelle. The lawsuit alleged that banks did not do enough to protect and reimburse consumers from fraud on Zelle. The defendants ...

Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up a legal ...

CONCORD, Calif. -- Amid the rise in popularity of quick-pay apps, scammers are also increasingly using digital payment platforms like Zelle to drain victims' bank accounts. ABC Owned Television ...

The Consumer Financial Protection Bureau (CFPB) sued Bank of America, Wells Fargo and JPMorgan Chase on Friday for allegedly failing to protect consumers from fraud on the popular peer-to-peer payment ...