Payment Processor To Pay States Another $20M For Test Error

By Sydney Price · August 3, 2023, 7:56 PM EDT

Payment processor ACI Worldwide said Thursday it plans to pay $20 million more to settle claims from state regulators over a 2021 testing error that resulted in the inadvertent initiation of...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Recent Articles By Sydney

April 25, 2025
Migration Agency Faces $100M EB-5 Investor Fraud Suit
April 25, 2025
SEC Accuses Ex-Fla. Real Estate Co. CFO Of $93M Scheme
April 18, 2025
SEC Wins $1M Real Estate Fraud Suit Over NC Development
April 15, 2025
No Appeal For Green Energy Co. CEO In $40M Investor Suit
April 10, 2025
Ready Capital Brass Face Suit Over Real Estate Loan Losses
April 07, 2025
Mortgage Lenders, Attys Stole From NY Debtors, Suit Says
April 03, 2025
Ginnie Mae Wins Fight Over Reverse Mortgage Collateral
March 31, 2025
Regulators Seek Pause On 5th Circ. Fight Over CRA Rules
February 27, 2025
Real Estate Fund Says Property Cos. Lost Investor Funds
February 21, 2025
Judge Trims $40M Green Energy Co. Investor Suit