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Zelle, New York

The Verge on MSN · 4h

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 by scams on Zelle. “I look forward to getting justice for the New Yorkers who suffered because of Zelle’s security failures,” James said in the press release.

Forbes on MSN · 4h

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 a similar one in March.

Reuters on MSN · 7h

New York sues Zelle, says security lapses led to $1 billion consumer fraud losses

Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers.

5h

Alleged $1B in scam losses spur NY attorney general lawsuit against Zelle operator

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

FOX 5 New York on MSN2h

Over $1B stolen by scammers: AG James sues Zelle for 'enabling widespread fraud'

An investigation by the attorney general's office revealed that Zelle lacks safety features that would have protected users ...

6h

New York AG Presses for Antifraud Protections in Lawsuit Against Corporate Parent of Zelle Cash App

The New York lawsuit grabs the baton from the U.S. Consumer Financial Protection Bureau's abandonment of a similar claim ...

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