Elizabeth Warren would love nothing more as she made clear this week by praising her acolyte’s new and dubious lawsuit against the peer-to-peer payment app Zelle. The CFPB sued Zelle and its ...

TAMPA, Fla. (WFLA) — The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal government over alleged “widespread fraud ...

(Photo by Chip Somodevilla/Getty Images) Peer-to-peer (P2P) payment service Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.

The lawsuit alleges the banks rushed to complete the Zelle payment network in order to compete with Venmo and CashApp. The lawsuit further alleges that the banks “systemically failed” their ...