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RushCard’s processor must comply with CID
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Case Law
Tuesday, December 8, 2015
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The Consumer Financial Protection Bureau has denied UniRush LLC’s petition to set aside the civil investigation demand it received from the bureau Oct. 27, two weeks after the prepaid product RushCard experienced system outages that left hundreds of thousands of customers without access their accounts. Why did the system processor’s arguments fail to sway the bureau? Read on to find out.
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