On April 17, 2024, the New York State Attorney General (NY AG) announced that it entered into an Assurance of Discontinuance (AOD) with a national bank, resolving allegations related to the bank’s debt collection practices. The bank is a nationally chartered bank that issues debit cards, prepaid cards, payroll cards, and gift cards, primarily through third-party servicers, many of whom “market the products to unbanked or underbanked communities who may otherwise have no or no readily available access to banking products.”
Lauren Jackson is a reporter for WBRC-TV, based in Birmingham, Alabama. She covers a wide range of topics including local news, international affairs, sports, and human interest stories. Her work has been featured in various publications and news outlets, showcasing her versatility and dedication to delivering compelling and informative stories to her audience.