Starting in 2025, digital wallet users will face new IRS regulations for income reporting. However, Zelle stands out as the ...

The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from “widespread fraud” on ...

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...

Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...

Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.

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

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

Bank of America, Wells Fargo and JPMorgan Chase are three of the nation's largest banks. Zelle, meanwhile, is one of the most popular peer-to-peer payment networks in the U.S. Zelle has over 143 ...

The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant ...

EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of America. Those three banks are the largest financial institutions on the Zelle network, accounting for 73% of activity ...