action_required
FTC: Nuvei to Pay $4.85M, Boost Merchant Screening for Fraud
United States·Wire Summary⏱️ 1 min read
Nuvei and its subsidiaries alleged to have knowingly processed for merchants engaged in fraudulent activity Global payment processor Nuvei will pay $4.85 million to settle the Federal Trade Commission’s charges that the firm opened and maintained payment processing accounts for merchants that it knew or should have known were engaged in deception, including tech support scams that took millions of dollars from consumers. View Press Release
Get Deeper AI analysis
How does this affect you?
Get an AI analysis of this article grounded in your jurisdictions, practice areas, and any policy documents you've uploaded to Wansom.
Get The Latest Legal & Regulatory intelligence in United States
Finish Reading the Full Story and the Expert Analysis.
No Credit Card Required.Enter Email to Subscribe
Wansom is AI and can make mistakes.