State Financial Regulators And Attorneys General Fine ACI Payments $20M For Data Misuse That Impacted 480,000 Consumers Nationwide
Portfolio Pulse from Benzinga Newsdesk
State financial regulators and attorneys general have fined ACI Payments $20M for data misuse that impacted 480,000 consumers nationwide.
October 17, 2023 | 2:54 pm
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NEGATIVE IMPACT
ACI Payments has been fined $20M for data misuse, which could negatively impact the company's reputation and financials.
The fine imposed on ACI Payments for data misuse could lead to a negative perception of the company among consumers and investors. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100