Cliq: FTC judgment (May 2026)
The FTC obtained a judgment against Cliq on May 19, 2026, according to the agency’s own announcement.
- Date
- Agency
- FTC
- Action
- Judgment
- Amounts (as stated)
- $6.5 million contempt sanction
At the FTC’s request a federal court held payment processor Cliq and two executives in civil contempt of a 2015 order, finding they processed for MATCH-listed merchants, helped merchants evade fraud monitoring and skipped required underwriting.
Money involved. $6.5 million contempt sanction.
Questions
What did the FTC say Cliq did?
At the FTC’s request a federal court held payment processor Cliq and two executives in civil contempt of a 2015 order, finding they processed for MATCH-listed merchants, helped merchants evade fraud monitoring and skipped required underwriting.
How much is Cliq paying?
$6.5 million contempt sanction.
See every action in the fintech and crypto enforcement tracker.
- Company (as named)
- Cliq Inc. (formerly Cardflex Inc.)
- Category
- Payments
- Civil penalty, USD
- $6,500,000
- Agency announcement
- ftc.gov
- Sources
Source Link FTC announcement https://www.ftc.gov/news-events/news/press-releases/2026/05/federal-court-holds-payment-processor-cliq-contempt-violating-ftc-order
Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.