In the modern age, there are plenty of ways to send money to friends, family and people you contract for work. Using apps ...

Major banks face federal lawsuit over alleged failure to protect consumers from rampant Zelle payment fraud. Learn how this legal battle impacts your digital payment security and what steps you need ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held himself out to be a populist… acting, with an agenda that supports consumers,” ...

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...

The CFPB has filed a lawsuit against Zelle and three major US banks over allegations of failing to adequately protect ...

Christopher Wray reveals why he is resigning from the FBI during ‘such a dangerous time’ Zelle users beware: scammers are exploiting the popular payment app's speed and irreversibility. Yes, they look ...

Rohit Chopra’s assault on Zelle will create more openings for crooks.

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

Three Major banks and Zelle rushed to bring a peer-to-peer payment network to market without first ensuring users would be protected against "widespread" fraud, alleges a lawsuit filed on Friday ...