Billing Services Makes First Payment Under US FTC Settlement

LONDON (Alliance News) - Billing Services Group Ltd on Friday said it has made its first payment under the settlement reached with the US Federal Trade Commission in May.

In May, the company reached a settlement to pay a total of USD5.2 million for customer redress in ten equal quarterly instalments, among other commitments. The settlement related to a business Billing Services has not been involved with since 2012, the company said at the time.

On Friday, Billing Services said it has made the first USD520,000 payment.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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