Zelle allows you to send and receive money between bank accounts, but there is a limit to the amount that can be transferred.

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally ...

It had accused Zelle's operator and owner banks of failing to adequately investigate fraud and refusing to reimburse victims.

The Consumer Financial Protection Bureau dropped its case Tuesday against the peer-to-peer payment network along with ...