FTC sending $15.8 million to users of cash advance app

What BBN said about it

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   Hank Ledger · Lead AnchorThe Federal Trade Commission says more than two million people are getting payments from a total of fifteen point eight million dollars tied to a cash advance app.

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   Hank Ledger · Lead AnchorWith us is Philomena Achterberg, chief executive of Slightly Early Financial Technologies. Ms. Achterberg, whose money is this?

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   Philomena AchterbergHank, tonight is about generosity.

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   Philomena AchterbergWe are giving back a full fifteen million dollars to our community, well, a portion of that, but the spirit is full.

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   Hank Ledger · Lead AnchorSo is that a yes that the FTC is the one sending it?

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   Philomena AchterbergWe are partners in the sending.

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   Philomena AchterbergI keep a gold stapler on my desk that says customer-first, and I looked at it for an hour before agreeing to partner.

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   Hank Ledger · Lead AnchorA stapler.

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   Philomena AchterbergA very heavy one. Two million customers, two million reasons to smile, and I would say nearly a thousand of them already have, by email.

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    Hank Ledger · Lead AnchorLet me ask you again. Did your company collect the money the FTC is now returning, yes or no?

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    Philomena AchterbergWe provided speed.

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    Philomena AchterbergCustomers paid a modest speed appreciation, which is a hundred percent voluntary, or ninety percent, depending on who you ask. My stapler says a hundred.

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    Hank Ledger · Lead AnchorThank you for the gift, Ms. Achterberg. I'll check my email for the receipt.

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    Philomena AchterbergDoes the stapler count as a receipt?