Wednesday, October 20, 2021

Assertion from Aventiv Applied sciences Relating to the CFPB Settlement

Printed: Oct. 19, 2021 at 4:15 PM MDT|Up to date: 1 hours in the past DALLAS, Oct. 19, 2021 /PRNewswire/…

By Staff , in Platinum , at October 19, 2021

Printed: Oct. 19, 2021 at 4:15 PM MDT|Up to date: 1 hours in the past

DALLAS, Oct. 19, 2021 /PRNewswire/ — Aventiv Applied sciences as we speak launched the next assertion from its President and CEO Dave Abel associated to a settlement with the Client Monetary Safety Bureau (CFPB):

(PRNewsfoto/Aventiv Technologies)
(PRNewsfoto/Aventiv Applied sciences)

“JPay is happy to have reached a settlement with the CFPB that corrects previous practices associated to digital funds transfers and offers redress to impacted people. Led by our mother or father firm, Aventiv Applied sciences, JPay cooperated absolutely with the CFPB on this matter, guided by our group’s transformation agenda that emphasizes working collaboratively with regulators, reforming sure previous enterprise practices, and making services extra inexpensive and accessible. The transformation agenda is supported by a strong company compliance framework that can be sure that the problems raised by the CFPB are absolutely remediated. The management groups at each Aventiv and JPay have prioritized offering incarcerated people with increased high quality service at decrease value, with an emphasis on making ready them for profitable reentry and return house.”

Headquartered in Dallas, Texas, Aventiv Applied sciences serves greater than 3,450 public security, regulation enforcement and corrections companies and over 1,100,000 incarcerated people throughout North America, Aventiv is dedicated to serve and join by offering emergency response, incident administration, public data, investigation, biometric evaluation, communication, data administration, incarcerated self-service, and monitoring services with a purpose to make our world a safer place to reside. For extra data, please go to Aventiv is a portfolio firm of Platinum Fairness. Based in 1995 by Tom Gores, Platinum Fairness is a world funding agency with a portfolio of roughly 40 working firms that serve prospects world wide.

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SOURCE Aventiv Applied sciences

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