News

New York claims Zelle’s shoddy security enabled a billion dollars in scams

Attorney General James claims EWS violated New York law and is asking for restitution and damages for all New Yorkers harmed ...

New York files lawsuit against Zelle over scams and security lapses that led to $1 billion in losses

Electronic payment platform Zelle has been sued by New York Attorney General Letitia James over allegations that its lack of ...

New York Sues Zelle—What To Know About Alleged $1 Billion Scams Over The App

New York Attorney General Letitia James’ office picked up the lawsuit after the Consumer Financial Protection Bureau dropped ...

Lawsuit Claims Zelle Security Lapses Cost Over $1 Billion in Fraud: What You Need to Know

The lawsuit alleges that after receiving repeated reports of fraud, EWS chose not to adopt basic safety measures that it had ...

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

New York Attorney General Letitia James says banks have ignored major security problems.

AG Tish James: Zelle failed to protect users from $1B in scammer theft

New York Attorney General Letitia James sued Zelle’s parent company Wednesday, contending a lack of safety features enabled ...