window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-177479436-1'); Casey Watkins, Author at Aventiv

Statement from Aventiv Technologies Regarding the CFPB Settlement

Aventiv Technologies today released the following statement from its President and CEO Dave Abel related to a settlement with the Consumer Financial Protection Bureau (CFPB):

“JPay is pleased to have reached a settlement with the CFPB that corrects past practices related to electronic funds transfers and provides redress to impacted individuals. Led by our parent company, Aventiv Technologies, JPay cooperated fully with the CFPB in this matter, guided by our organization’s transformation agenda that emphasizes working collaboratively with regulators, reforming certain past business practices, and making products and services more affordable and accessible. The transformation agenda is supported by a robust corporate compliance framework that will ensure that the issues raised by the CFPB are fully remediated. The leadership teams at both Aventiv and JPay have prioritized providing incarcerated individuals with higher quality service at lower cost, with an emphasis on preparing them for successful reentry and return home.”