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Tag Archives: credit monitoring

Bank of America Opened Fake Accounts To Charge Customers Illegal Junk Fees

BoA defrauded its customers for over a decade by opening fake accounts without consent to boost profits from junk fees. The Consumer Financial Protection Board (CFPB) recently ordered Bank of America (BoA) to pay $100 million to customers for systematically double-dipping on fees imposed on customers with insufficient funds in their account, withholding reward bonuses…

Fortra’s GoAnywhere Platform Vulnerability Puts 139k Hatch Bank Customers At Permanent Risk Of Identity Theft

A class action lawsuit was recently filed against Fortra, a leading technology services company that provides data management and analytics solutions to financial technology banking platform Hatch Bank. Hatch Bank allows businesses to “securely” access bank services from other financial institutions using Fortra’s GoAnywhere MFT secure file sharing program.. What Happened? According to the lawsuit,…