Under the settlement, Lender Processing Services, the parent company of DocX, will pay Missouri $1.5 million and reimburse the attorney general's office $500,000 for the cost of the investigation.
"Nothing was done out of the ordinary in processing this settlement," he said.
Prior to Sailfish, he served in leadership at UBS for 21 years, most recently as Head of all U.S. Operations, including banking and securities related processing and settlement activities for the organization in North and South America.
The number of American travel agencies accredited to write airline tickets by the Airlines Reporting Corporation, a company that handles processing and settlement of airline ticket sales, dropped to 14,052 in 2011, from 18,261 in 2007.
Redecard is involved in the merchant acquiring, capturing, transmission, processing and settlement of credit and debit card transactions.
Union supervision of employee complaints promotes settlements, avoids processing of frivolous claims, and strengthens the employer's confidence in the union.
The Payment Methods segment is responsible for funding, transmission, processing services, and financial settlement of operations in electronic means.
State attorneys general have been talking with the nation's five biggest mortgage servicers for more than a year now to secure a settlement following revelations of widespread foreclosure processing errors in 2010.
State attorneys general have been talking with the nation's five biggest mortgage servicers for more than a year to secure a settlement after revelations of widespread foreclosure processing errors in 2010.
And BofA joined Citigroup, JPMorgan Chase and seven other banks in agreeing to an $8.5 billion settlement with regulators over improper procedures when processing home foreclosures.
