Statement from Aventive Technologies on CFB Settlement

Dallas, October 19, 2021 (PRNewswire) – Aventive Technologies today issued the following statement from the President and CEO Dave Abel Related to the agreement with the Consumer Financial Protection Bureau (CFPB)

“JP is pleased to have reached an agreement with CFBB, which corrects past practices related to electronic money transfers and provides assistance to affected individuals. Led by our parent company Aventive Technologies, JPA is working with CFB on this issue. Corporate Transformation Agenda that emphasizes collaboration with supervisors, improving some existing business practices, and making products and services more affordable and accessible. The Transformation Agenda is supported by a strong corporate governance framework that fully addresses the issues raised by the CFPB. Leaders at both Aventive and JP prioritize providing high-quality services to detainees at low cost, focusing on preparing them for successful return and return home.

About Aventive Technologies

Headquarters b Dallas, Texas, Aventive Technologies serves more than 3,450 public safety, law enforcement and correctional agencies and more than 1,100,000 inmates. North America, Aventive is committed to making our world a safer place for emergency response, event management, public information, investigation, biometric analysis, communication, data management, bound self-service, and monitoring and monitoring of products and services. . For more information, please visit www.Aventiv.com. Aventive is a platinum equity portfolio company. A.D. Founded in 1995 Tom Gors, Platinum Equity is a global investment company with a portfolio of approximately 40 operating companies serving customers worldwide.

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SOURCE Aventiv Technologies

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