Zelle is a major embarrassment to the big bank community. If you don’t know, it’s an app used to send money to a person or ...

Auburndale police are searching for a person they believe to be responsible for withdrawing money from a victim's Bank of ...

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

Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.

The nation’s three largest financial institutions — Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are being sued by the ...

Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau over alleged unchecked fraud on the Zelle payment app — setting up a legal ...

Get Real-Time News and Alerts for Your Portfolio Editor’s note: This story has been updated with comment from Zelle and Bank of America. The Consumer Financial Protection Bureau sued three of ...

The Bank of America CEO has hinted that traditional financial institutions are open to embracing crypto payments if U.S.

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 ...

Zelle is free to use, but there is no protection program against authorized payments, so only send payments to people you know and trust. What type of fraud protection does Bank of America offer?

and BAC have lost more than $870 million due to such ongoing failures since Zelle’s launch. Further, this July, UBS Group AG UBS sued Bank of America for $200 million. The lawsuit, filed in a ...

Is Bank of America right for you ... with no overdraft fees and is suited for those who prefer using debit cards, Zelle or digital banking over checks. On the other hand, the Wells Fargo Everyday ...