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Ventra Prepaid Banking Partner Has Long History of Legal Difficulty
Beyond the each and every day dilemmas plaguing the Ventra rollout lies a perhaps more troubling reality: The banking partner opted for within the Ventra system appears to have a long reputation for appropriate problems connected with past involvement in prepaid debit schemes and also other tasks.
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. some of these dilemmas are connected with dilemmas such as for example fraudulence, taking part in deceptive company practices once you go through the financing that is subprime as well as in addition straight connected to operating a debit that is prepaid system just like Ventra.
A review that is brief appropriate history programs:
Also, simply precisely what oversight existed for the development in connection with entire Ventra system?
The council people can ask of officials they call to testify in the event that Chicago City Council chooses to go on and hold hearings over issues with the rollout regarding the Ventra system, as some aldermen might like to do, theres apt to be an entire a number of concerns.
Heres another great destination to begin.
To some degree One of Ward Rooms series on feasible City Council hearings on Ventra dilemmas, we seemed on the explanations why CTA joined being a partnership with personal businesses for Ventra. To some extent Two, we examined means Ventras banking partner might be profiting from fees.