Certegy Agrees to Pay $3.5 Million to Settle FCRA ‘Furnisher Rule’ Accusations From FTC

Certegy Check Services, Inc., one of the nation’s largest check authorization service companies, agreed to pay $3.5 million to settle Federal Trade Commission charges that it violated the Fair Credit Reporting Act, according to a proposed consent judgment filed on Aug. 15 by the Justice Department in the U.S. District Court for the District of Columbia (U.S. v. Certegy Check Services, Inc., D.D.C., 13-cv-01247).

Challenged Conduct.

The FTC alleged that Certegy had violated the Fair Credit Reporting Act (FCRA), 15 U.S.C. §1681 et seq., and the “Duties of Furnishers of Information” rule promulgated ...