MEDIUMVulnerability
Global

Judge rejects Zelle bid to dismiss lawsuit over fraud losses

·Source: Finextra

Updated:

Executive Summary

A US judge has rejected an effort from the operator of Zelle to dismiss a lawsuit filed by New York Attorney General Letitia James accusing the bank-backed P2P payments service of failing to protect users from "massive amounts of fraud".

Analysis

A US judge has rejected an effort from the operator of Zelle to dismiss a lawsuit filed by New York Attorney General Letitia James accusing the bank-backed P2P payments service of failing to protect users from "massive amounts of fraud".
Source Attribution

Originally published by Finextra on Jul 23, 2026.

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