Zelle, Bank of America

Scottsdale-based operator of Zelle, banks sued by federal government
The federal government claims Early Warning Services, the Scottsdale-based operator of Zelle, along with three banks, failed to protect consumers.
Regulator sues Chase, Wells Fargo, Bank of America over Zelle payment fraud
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 network Zelle, in violation of consumer financial laws.
Zelle and major banks face $870 million lawsuit over alleged fraud losses
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the peer-to-peer payment network Zelle and three US banks that conduct or facilitate transactions on
Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Nation's three-largest banks sued by federal regulators over alleged Zelle-related fraud
Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
The lawsuit cites Zelle’s designs and features, including a “limited” identity verification process that involves assigning a “token” to a user’s email address or mobile phone number that they can use to verify their account with a one-time passcode.
Zelle and America’s biggest banks are being sued for putting your funds at risk
The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect consumers from fraud.
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan Chase, Bank of America, and Wells Fargo, claiming that customers of the banks lost more than $870 million over Zelle's seven-year existence.
US consumer watchdog sues big banks over 'widespread' fraud on Zelle payment app
The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase , Bank of America and Wells Fargo for failing to protect consumers from alleged "widespread fraud" on payments platform Zelle.
Regulators Sue 3 Big Banks Over Rampant Fraud on Zelle
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
Consumer Finance Watchdog Sues Zelle, Major Banks for Failing to Address Fraud
The US Consumer Financial Protection Bureau (CFPB) says hundreds of thousands of Zelle consumers 'were largely denied assistance' after being scammed.
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
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 ...
Wells Fargo, Chase, Bank of America sued over alleged unchecked fraud on Zelle app
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Federal lawsuit claims consumers lost $870 million from scams on Zelle
The Consumer Financial Protection Bureau has filed a lawsuit against digital payment network Zelle and three of America's ...
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CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
Protect Your Money From Zelle Scams
A lawsuit from the CFPB proves just how popular the peer-to-peer service is with fraudsters, and what makes it especially ...