Bank of America, JPMorgan and Capital One's Zelle faces a New York lawsuit alleging $1B theft from weak fraud safeguards.

A new lawsuit against Zelle's operators by state AG Letitia James aims to recover funds New Yorkers allegedly lost to scammers via the payment app ...

O ur patchwork system of U.S. state and federal financial regulators is confusing and, at times, redundant. Yet that ...

Letitia James takes on Zelle’s parent company over alleged fraud failures after the Trump administration shut down a federal ...

New York Attorney General Letitia James is suing the owners and operators of electronic payment platform Zelle, alleging the company allowed scams and ...

State sues payment app and accuses it of being a scam haven that bilked $1B from users - An investigation found that between ...

NY Attorney General claims Zelle lacked critical safeguards that led to those huge fraud losses. Zelle called the suit ‘a ...

New York Attorney General Letitia James sues Zelle's operator, EWS, for failing to prevent fraud, demanding restitution and ...

New York Attorney General Letitia James says the company, co-owned by major U.S. banks, failed to protect users. The company ...

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

The lawsuit in a New York state court in Manhattan followed the US Consumer Financial Protection Bureau's decision in March ...

New York sues Zelle over $1 billion fraud scheme, alleging the payment platform ignored security flaws that enabled ...