It’s become a common scheme – scammers calling you pretending to be with your bank wanting you to use Zelle to send money.
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
CFPB alleges JPMorgan Chase and other big banks skipped important safety features that put Zelle customers at risk.
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to ...
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers ... In November 2023, banks on the payment app began refunding victims of imposter scams to ...
Wells Fargo, JPMorgan Chase and Bank of America are being sued by the Consumer Financial Protection Bureau over claims of unchecked fraud on the Zelle payment app -- setting up a legal showdown that ...
After reporting on the scam for years, Channel 2 consumer investigator Justin Gray has reported that there are supposed to be new protections in place for consumers with Zelle. The money app ...
The Zelle payment app opened the door for crooks and con artists ... paying $500 or $1,000 as part of an online puppy-for-sale scam. Hundreds of thousands of consumers filed complaints after ...
Federal regulators sued the operator of Zelle, the popular payment app, and three large banks, saying they failed to protect ...