News

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 ...
NY Attorney General claims Zelle lacked critical safeguards that led to those huge fraud losses. Zelle called the suit ‘a ...
O ur patchwork system of U.S. state and federal financial regulators is confusing and, at times, redundant. Yet that ...
Zelle, the peer-to-peer payment app used by millions of Americans, is under intense scrutiny after New York Attorney General ...
New York Attorney General Letitia James sues Zelle's operator, EWS, for failing to prevent fraud, demanding restitution and ...
Letitia James takes on Zelle’s parent company over alleged fraud failures after the Trump administration shut down a federal ...
New York's attorney general on Wednesday sued the parent company of the Zelle payment platform, months after the federal ...
An investigation found that between 2017 and 2023, scammers were able to steal over $1 billion from Zelle users.