The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it, alleging that the firms failed to properly ...

ORLANDO, Fla. — An Orlando man claims the popular payment app Zelle that’s promoted by his bank cost him nearly $15,000. The money disappeared from his account after someone made a handful of Zelle ...

Several major banks are currently under scrutiny. This investigation arose due to how said banks handle customer funds on peer-to-peer payments platform, Zelle Network. The Wall Street Journal reports ...

Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank's relationship with the government has become. The lender ...

Banking institutions appear to be ignoring the problem of fraudulent activities allegedly being carried out via Zelle, a new report reveals, with large financial service providers that founded the ...