Toronto-Dominion Bank (TD Bank) is facing a $28 million penalty from the Consumer Financial Protection Bureau (CFPB) after being found guilty of sharing inaccurate consumer data with reporting agencies, potentially threatening tens of thousands of consumers’ access to credit, housing, and employment. The CFPB’s decision comes after a comprehensive investigation revealing that TD Bank mishandled […]
Aryza Group, a prominent provider of financial software solutions, has announced a new partnership with TransUnion, a global leader in credit information and insights, to streamline access to credit reports for Licensed Insolvency Trustees using the Aryza Advize platform in Canada. This collaboration builds on Aryza’s successful initiatives in the UK and Europe, aiming to […]
Private equity firm Stellex Capital Management, through its affiliate, has agreed to acquire G2 Web Services, Lundquist Consulting, and Fintellix India from TransUnion, a US-based consumer credit reporting agency, for $176 million. The consideration includes $104 million of cash and a $72 million note to be issued with a duration of up to three years. […]
