New York Attorney General Letitia James filed suit Wednesday against the parent company of Zelle for allowing "massive amounts of fraud" on the platform.

New York Attorney General Letitia James has filed a lawsuit against Early Warning Services (EWS), the company behind the popular payment app Zelle, accusing it of failing to protect users from what she calls “massive amounts of fraud,

New York Attorney General Letitia James sued the parent company of payments network Zelle, alleging it enabled fraud.