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Violation Tracker Individual Record

Company: TeleCheck Services, Inc.
Current Parent Company: Fiserv
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Penalty: $3,500,000
Year: 2014
Date: January 16, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: TeleCheck Services, Inc., one of the nation's largest check authorization service companies, along with its associated debt-collection entity, TRS Recovery Services, Inc., agreed to pay $3.5 million to settle Federal Trade Commission charges that they violated the Fair Credit Reporting Act.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Wisconsin
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: business services
Specific Industry of Current Parent: business services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.