The lawsuit alleges that Early Warning Services, Zelle's parent, failed to implement safeguards, enabling fraudsters to steal ...

New York’s attorney general has sued the parent company of the Zelle payment platform, months after the federal Consumer ...

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

New York Attorney General Letitia James says banks have ignored major security problems.

Zelle fraud under fire as New York sues the payment app’s creators over $1 billion in scam losses. Here's what users need to ...

Consumer reporter John Matarese says Zelle, like Venmo, can be safe if you are sending money to people you know. But for ...

Payments giant Zelle is being hit with a lawsuit from New York's attorney general for alleged widespread security failures ...

Letitia James’s office is reviving claims the Trump administration had abandoned as part of its moves to gut a federal ...

The operator of Zelle is accused of designing the popular payment app without basic safeguards, allowing scammers to steal ...

Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.

Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to ...