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Ventra Prepaid Banking Partner Has Long Reputation For Legal Difficulty
Beyond the each day dilemmas plaguing the Ventra rollout lies a perhaps more unpleasant reality: The banking partner chosen within the Ventra system seems to have a long track record of appropriate problems connected with past involvement in prepaid debit schemes and also other tasks.
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. some of these problems are related to dilemmas such as for example fraud, taking part in deceptive company practices once you consider the financing that is subprime plus in addition straight connected to operating a debit that is prepaid system much like Ventra.
A review that is brief appropriate history programs:
Also, simply just what oversight existed for the development concerning the Ventra that is whole system?
In case Chicago City Council chooses to take and hold hearings over problems with the rollout in connection with Ventra system, as some aldermen might want to do, theres apt to be a whole a quantity of issues the council individuals can ask of officials they call to testify.
Heres another place that is great begin.
To some degree One of Ward Rooms series on feasible City Council hearings on Ventra problems, we seemed on the explanations that are reasoned CTA joined as a partnership with personal companies for Ventra. To some extent Two, we examined means Ventras banking partner might be profiting from fees.