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ILL. A.G. RAOUL ANNOUNCES $10 MILLION MULTISTATE SETTLEMENT WITH ACI WORLDWIDE FOR UNAUTHORIZED WITHDRAWALS FROM MORTGAGE HOLDERS
October 19, 2023
CHICAGO, Illinois, Oct. 19 -- Illinois Attorney General Kwame Raoul issued the following news release:

Attorney General Kwame Raoul announced that Illinois, along with 49 other attorneys general, has reached a bipartisan settlement with a subsidiary of payment processor ACI Worldwide Corporation (ACI) concerning a testing error that led to the attempted unauthorized withdrawal of $2.3 billion from the accounts of 477,000 mortgage holders.

Under the settlement, ACI has a . . .

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