Bread's Banks Fork Over $2M To FDIC Over Rewards Issue
Bread's Banks Fork Over $2M To FDIC Over Rewards Issue <https://www.law360.com/banking/articles/1883436?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-09-30&read_main=1&nlsidx=0&nlaidx=1> By Jon Hill The Federal Deposit Insurance Corp. has fined Bread Financial's Comenity bank units a total of $2 million as part of a pair of consent orders made public Friday that resolve unfair practices claims tied to their rewards programs and automatic payments processing. 2 documents attached | Read full article » <https://www.law360.com/banking/articles/1883436?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-09-30&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/banking/articles/1883436?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-09-30&read_later=1&nlsidx=0&nlaidx=1>
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Gunnar Larson