News

PCMag on MSN3d

Zelle Accused of Failing to Stop Fraud, Leading to $1B in Consumer Losses

New York's attorney general sues the payment app's parent company after the US Consumer Financial Protection Bureau dropped ...

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 ...

Zelle, backed by big Charlotte banks, sued over claims of $1B in fraud losses

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

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.

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 ...

New York Sues Zelle, Says Security Lapses Led to $1 Billion Consumer Fraud Losses

NEW YORK (Reuters) -Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment ...
Zacks.com on MSN1d

BAC, JPM & COF-Owned Zelle App Faces Lawsuit Over Security Lapse

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

As Trump Rolls Back Federal Financial Regulation, Blue State Regulators Step Up

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