- the Consumer Financial Protection Bureau levied a fine against an online payment system company for the company’s data security practices in violation of the Consumer Finance Protection Act
- Consumer Financial Protection Bureau? Sounds Like Consumer Credit Commissioner?
- The regulators say the encryption touted by the company did not live up to its hype
Bloomberg BNA | Consumer Finance Agency Levies First Data Security Fine
National Law Review | Dwolla Fined $100,000 by CFPB in First Data Security Enforcement Action
Consent Order Between the Consumer Financial Protection Bureau and Dwolla