A borrower alleges the bank made billions of dollars in profit off millions of dollars in rate lock extension fees it wrongly ...

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

A FINRA arbitration panel sided with a claimant who contended Wells and one of its advisors should have recognized telltale signs of elder fraud when their client decided to give away tens of ...

San Francisco-based Wells Fargo declined to comment on the lawsuit. Representatives of New York-based JPMorgan did not immediately respond to a request for comment. Since its launch in 2017 ...

Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co. — and the operator of the Zelle payment network are ...

The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant ...

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

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...

The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.

The lawsuit points out that Zelle is embedded in the mobile apps of Bank of America, Wells Fargo and Chase and consumers cannot remove the Zelle function. From the start, according to the legal ...

Wells Fargo, JP Morgan Chase and Bank of America ... which co-own the app along with four other large banks, were accused in a lawsuit filed Friday of rushing to launch the service in 2017 to ...

San Francisco-based Wells Fargo declined to comment on the lawsuit. Early Warning called the lawsuit “legally and factually flawed.” “Zelle leads the fight against scams and fraud and has ...