Conduent Business Services, LLC
The Consumer Financial
Protection Bureau (CFPB) took action against Xerox Business Services, LLC,
now called Conduent Business Services, for software errors that led to
incorrect consumer information about more than one million borrowers being sent
to credit reporting agencies. The company also failed to notify all of its auto
lender clients about known flaws in its software that led to the errors. The consent
order requires Xerox to pay a $1.1 million civil penalty, explain its mistakes
to its lender clients, and fix its faulty software.