Fiserv subsidiary paying $40 million to settle fraud allegations

Last updated on May 22nd, 2020 at 12:00 pmFirst Data Merchant Services, a business unit that Brookfield-based Fiserv Inc. acquired in 2019, has agreed to pay the Federal Trade Commission $40.2 million to settle accusations it assisted in laundering credit card transactions as part of scams targeting consumers. “First Data is paying $40 million because … Continue reading Fiserv subsidiary paying $40 million to settle fraud allegations