The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017 (Hugh Son/CNBC)

Hugh Son / CNBC:
The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017  —  The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …