Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network.

Using stablecoins to make online payments would allow businesses and their customers to bypass the payment networks. The fees ...

Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...

Learn about the serious implications of freezing money and closing accounts amidst troubling bank practices and lawsuits.

Over the past few years, social media has evolved into a thriving marketplace where users can discover a wide range of products, from trendy clothing to jewelry. We’ve all felt the thrill of finding a ...

According to information revealed by the Wall Street Journal, between the summer of 2023 and 2024, Mark Zuckerberg ’s company was responsible for nearly 50 percent of the fraud reported on the ...

Citing people “familiar with the matter,” the WSJ reports Meta accounted for nearly half of all reported scams on Zelle at JPMorgan Chase between the summers of 2023 and 2024 – numbers that are ...

CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud A federal regulator claimed the banks failed to protect hundreds of thousands of consumers from rampant ...

The Consumer Financial Protection Bureau dismissed its lawsuit against Zelle operator Early Warning Services and the three banks that run transactions on it. The agency had accused JPMorgan Chase, ...

The Consumer Financial Protection Bureau dismissed on Tuesday its lawsuit against the the Zelle payment network and three of the banks that control it, JPMorgan Chase (JPM), Bank of America (BAC ...

Catch up quick: The lawsuit, filed in December, alleged that customers of JPMorgan Chase, Bank of America, and Wells Fargo had lost more than $870 million collectively since Zelle launched in 2017, ...