JPMorgan Chase & Co. (NYSE:JPM) shares are trading lower premarket today. The bank disclosed that it is contemplating legal action against a U.S. consumer watchdog over the agency’s investigations into the Zelle payment app. In its filing, the bank stated that it is addressing inquiries from the Consumer Financial Protection Bureau (CFPB) about fund transfers via the Zelle Network. CFPB staff have indicated they can either seek a resolution or initiate enforcement action. Related: JPMorgan, Other Banks Discuss Refunding Duped Zelle Customers: Report The rise in fraud and scams on Zelle has attracted scrutiny from U.S. lawmakers, including Senator Elizabeth Warren, and ...