New York AG Sues Zelle Over Alleged Poor Cybersecurity
Zelle Provider Allowed $1 Billion of Fraudulent Transactions, Prosecutors Say
The state of New York is suing the privately held fintech company behind the Zelle money transfer system in a complaint that alleges years of poor cybersecurity and protections against fraud. The New York complaint targets Early Warning Services, the company behind the money transfer app.
The state of New York is suing the privately held fintech company behind the Zelle money transfer system in a complaint that alleges years of poor cybersecurity and protections against fraud. The New York complaint targets Early Warning Services, the company behind the money transfer app.