News & Analysis as of

Enforcement Actions Unfair or Deceptive Trade Practices Money Transfer

Wiley Rein LLP

Wiley Consumer Protection Download (August 12, 2025)

Wiley Rein LLP on

Federal and State Regulatory Announcements- CFPB Seeks Comment on New Thresholds for Larger Participants in the Automobile Financing, Consumer Reporting, International Money Transfer, and Debt Collection Markets. On August...more

Ballard Spahr LLP

CFPB takes action against company that provides commissary account services to prisoners

Ballard Spahr LLP on

The CFPB has taken action against Global Tel Link Corporation (GTL) over allegations that the company took millions of dollars from a half-million accounts and blocked money transfers to consumers who are incarcerated. Those...more

Troutman Pepper Locke

Global Tel Link Fined $3 Million for Alleged Unfair Practices Related to Payment Accounts for Incarcerated Persons

Troutman Pepper Locke on

On November 14, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a significant consent order against Global Tel Link Corporation (GTL), a company that provides communication and financial services to...more

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