Sendwave is a remittance FinTech that helped of us ship billions of {dollars} again residence to households and mates. The CFPB claimed that it broke a number of guidelines, together with false promoting and illegally waiving of shopper rights.
Most of those errors appear actually minor and preventable, however a FinTech would most likely brush them away to give attention to innovating its foremost product providing…
Learn extra concerning the 4, comparatively small, errors it made that would value it $3M or much more (in reputations damages).
submitted by /u/FinTechNomad1 [comments]
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