Federal Trade Commissions Stops Qchex Online Bill Pay: Lets Others Raid Your Checking Account

Nice:

The company had been allowing customers to create and send checks without verifying their permission to access the affected accounts, according to a complaint filed today by the Federal Trade Commission. The commission asked the U.S. District Court of Southern California to issue a permanent restraining order to halt the company’s practices, which the agency says violate federal law.

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