Doxo to pay $2.1M settlement
The online bill-pay company agreed to settle a case brought by the Federal Trade Commission over deceptive ads and undisclosed fees.
The online bill-pay company agreed to settle a case brought by the Federal Trade Commission over deceptive ads and undisclosed fees.
BELLINGS Intelligence Score: 10
Why it matters
The $2.1M FTC settlement against Doxo is a routine regulatory enforcement action with limited market impact and no broader implications for credit markets or financing conditions.
Sources
Payments Dive
Doxo to pay $2.1M settlement
The online bill-pay company agreed to settle a case brought by the Federal Trade Commission over deceptive ads and undisclosed fees.