settlements

MoneyGram Settles New York Lawsuit Alleging Slow Money Transfers

MoneyGram Settles New York Lawsuit Alleging Slow Money Transfers
MoneyGram Settles New York Lawsuit Alleging Slow Money Transfers
June 16, 2025  |  Legal & Regulation

MoneyGram will pay a penalty of $250,000 as part of a settlement with the New York State Office of the Attorney General (OAG), resolving a three-year-old...

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CIMB Bank Selects ACI’s Solution to Create ISO 20022-Compliant Platform
CIMB Bank Selects ACI’s Solution to Create ISO 20022-Compliant Platform
May 23, 2025  |  Banking

Malaysia-based CIMB Bank has selected ACI Worldwide’s payment solution to bring together all account-to-account (A2A) transactions on a single platform. Get the Full Story Complete the form...

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Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
January 30, 2025  |  CFPB

International remittance company Wise and the Consumer Financial Protection Bureau (CFPB) reached an agreement to settle the regulator’s allegations that the company advertised inaccurate fees and failed...

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American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
January 17, 2025  |  Legal & Regulation

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information...

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Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
January 17, 2025  |  Bank Regulation

Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash...

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Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
January 17, 2025  |  Legal & Regulation

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to...

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Block to Pay $80 Million to Settle AML Violation Allegations
Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025  |  Legal & Regulation

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that...

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FTC Begins Sending Refunds to Victims of Debt Collection Scheme
FTC Begins Sending Refunds to Victims of Debt Collection Scheme
December 10, 2024  |  Legal & Regulation

The Federal Trade Commission (FTC) is sending over $540,000 in refunds to consumers harmed by a debt collection scheme. Get the Full Story Complete the form...

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