By Paul O’Donoghue, Senior Correspondent
TD Bank has been fined almost $28 million for sharing “inaccurate, negative” information about its customers with credit reporting agencies.
The U.S. Consumer Financial Protection Bureau (CFPB) said this data mismanagement potentially damaged the credit scores of hundreds of thousands of individuals.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
