Now, the federal regulator overseeing ... The receiving bank is then required to conduct a fraud investigation on the recipient and report back to Zelle. Some banks, such as Bank of America ...

Banks say their customers love Zelle, but lawmakers say Zelle doesn’t do enough to protect users who lose money to scams.

The Los Angeles Times led with this headline recently: “Zelle scams prompt federal probe into whether banks are doing enough to protect customers.” It reads, in part, “From splitting a meal ...

Scams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate. This week, the Consumer Financial Protection Bureau launched an investigation into ...

“The probe focuses on JPMorgan ... probing the handling of customer disputes via Zelle… Banks have argued that covering the cost of scams will encourage more fraud and potentially cost ...

The League of United Latin American Citizens in Texas is calling for a federal investigation ... tied to an ongoing investigation over allegations of election fraud and vote harvesting during ...

Now, the federal regulator overseeing financial products is probing whether banks that offer Zelle to their account holders are doing enough to protect them against scams. Two major banks ...

Federal authorities are investigating how banks reimburse consumers who are scammed on Zelle. Lawmakers say the banks behind payment apps need to offer more protections. Zelle says it should fall ...

Here’s what to know about Zelle, how it works, who owns it and which banks are involved in the Consumer Financial Protection Bureau’s investigation. Like with anything, there are some down ...

Lisa McRee talked to L.A. Times deputy editor Jon Healey about a federal investigation into Zelle scams.

Scams on payment apps like Zelle are getting so out of hand that federal authorities are starting to investigate. This week, the Consumer Financial Protection Bureau launched an investigation into JP ...