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Payment Processor Nuvei Must Implement Robust Merchant Screening Practices and Pay $4.85 Million to Settle FTC Charges that the Firm Facilitated Merchant Fraud

The EditorFounder & Editor

Nuvei and its subsidiaries alleged to have knowingly processed for merchants engaged in fraudulent activity Global payment processor Nuvei will pay $4.85 million to settle the Federal Trade Commission’s charges that the firm opened and maintained payment processing accounts for merchants that it knew or should have kn

Read the original from Federal Trade Commission →