NEW YORK (AP) — New York’s attorney general on Wednesday sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case as the Trump administration was gutting the agency. Attorney General Letitia James, a Democrat, sued Early Warning Services in New York state court, alleging that the company, which is …
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NY attorney general sues Zelle parent company, alleging the payment service enabled widespread fraud
Retail consumer Investing Federal agencies Corporate news See all topics Facebook Tweet Email Link New York Attorney General Letitia James on Wednesday sued Early Warning Services (EWS), which operates Zelle, alleging the electronic money-transfer service fails to protect its users from “massive amounts of fraud.” The lawsuit alleges that EWS knew that key features of Zelle’s service made it susceptible …
Read More »New York sues Zelle, says security lapses led to $1 billion consumer fraud losses – Reuters
New York sues Zelle, says security lapses led to $1 billion consumer fraud losses Reuters NY attorney general sues Zelle parent company, alleging the payment service enabled widespread fraud CNN New York AG James sues Zelle parent company for alleged fraud CNBC New York claims Zelle’s shoddy security enabled a billion dollars in scams The Verge New York Attorney General Picks Up Zelle Fraud …
Read More »New York AG James sues Zelle parent company for alleged fraud
New York Attorney General Letitia James speaks outside New York Supreme Court ahead of former President Donald Trump’s civil business fraud trial on October 2, 2023 in New York. John Lamparski | AFP | Getty Images New York Attorney General Letitia James sued the operator of the Zelle payments network on Wednesday for allegedly enabling fraud, months after the Consumer …
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