CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices

AI Summary

Wise was ordered to pay $2.5 million for illegal remittance practices; the case involves violations of consumer protection laws.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities and focuses on a national issue involving an international company.

Original Content

The CFPB ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions.