There is absolutely no On-Ramp – classes for FinTech through the CFPB

There is absolutely no On-Ramp – classes for FinTech through the CFPB

Based on the CFPB, through the duration from January 2011 to March 2014, Dwolla made different representations to customers concerning the security and safety of deals on its platform. Dwolla reported that its information security techniques « exceed industry standards » and set « a brand new precedent for the industry for security and safety.  » The organization stated so it encrypted all information gotten from customers, complied with requirements promulgated by the Payment Card Industry safety guidelines Council (PCI-DSS), and maintained customer information « in a bank-level hosting and safety environment. « 

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