CFPB Orders Remittance App Provider to Pay $3M for ‘Cheating’ Consumers
Account Recovery
OCTOBER 18, 2023
The Consumer Financial Protection Bureau yesterday entered into a consent order with a fintech company that operates a remittance transfer app that will see the company pay $3 million in fines and refunds to customers after it was accused of forcing customers to waive their legal rights, failing to provide required disclosures, and failing to […] (..)
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