UPDATE 1-Fiserv’s First Data pays $40 mln to settle FTC charges it aided merchants’ fraud
First Data Merchant Services
LLC and a former executive will pay nearly $40.3 million to
settle U.S. civil charges they knowingly processed payments and
helped launder credit card transactions in four scams that
harmed hundreds of thousands of consumers.
LLC and a former executive will pay nearly $40.3 million to
settle U.S. civil charges they knowingly processed payments and
helped launder credit card transactions in four scams that
harmed hundreds of thousands of consumers.
Posted by Reuters
