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 ...

SO TODAY, THE NATION’S TOP CONSUMER WATCHDOG SUED THE PAYMENT APP ZELLE AND THREE OF THE NATION’S LARGEST BANKS FOR FAILING TO PROTECT CUSTOMERS FROM FRAUD. THIS IS SOMETHING I’VE TOLD YOU ABOUT ...

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 ...

NEW YORK (Reuters) -Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to ...

New York (CNN) — Zelle is returning to service after an outage for customers at some banks due to what the popular peer-to-peer payment platform blamed on a problem at a different firm. DownDetector, ...