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 ...

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 ...

“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 ...

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 ...

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.

Now, the federal regulator ... to report that to Zelle, which will in turn inform the receiving bank of the complaint. That's true even for transfers within the same bank. The receiving bank is then ...