Bulletin 3263 - September 4, 2026

State of Connecticut
Department of Banking

The Department of Banking News Bulletin

Bulletin # 3263 - Week Ending September 4, 2026

This Bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be directed to Jorge L. Perez, Banking Commissioner. Written comments will be considered only if they are received within ten business days from the date of this bulletin.

CONSUMER CREDIT ACTIVITY

Tapcheck Inc.

On August 28, 2026, the Commissioner entered into a Consent Order (“Consent Order”) with Tapcheck Inc. (NMLS # 2634283), (“Tapcheck”), Plano, Texas. As the result of information obtained in connection with Tapcheck's application for licensure, the Commissioner alleged that, from January 1, 2024 to January 29, 2026, Tapcheck: (1) made small loans to Connecticut borrowers without the required license, in violation of Section 36a-556(a)(1) of the Connecticut General Statutes; (2) offered small loans to prospective Connecticut borrowers without the required license, in violation of Section 36a-556(a)(2) of the Connecticut General Statutes, (3) advertised small loans in Connecticut without the required license, in violation of Section 36a-556(a)(6) of the Connecticut General Statutes; and (4) received payments in connection with small loans, in violation of Section 36a-556(a)(4) of the Connecticut General Statutes. As part of the Consent Order, Tapcheck agreed to pay $200,000 as a civil penalty, $400 as back licensing fees and provide restitution of all fees paid to Tapcheck.

Parking Revenue Recovery Service, Inc. a/k/a Parking Revenue Recovery Services, Inc.

On August 28, 2026, following an administrative hearing, the Commissioner issued Findings of Fact, Conclusions of Law and Order in the matter of: Parking Revenue Recovery Service, Inc. a/k/a Parking Revenue Recovery Services, Inc. NMLS # 2503672 (“Respondent”), Aurora, Colorado.

The hearing considered allegations brought by the Commissioner on July 1, 2025, through a Temporary Order to Cease and Desist, Order to Make Restitution, Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing against Respondent (“Order and Notice”). In the Order and Notice, the Commissioner alleged that (1) Respondent acted within this state as a consumer collection agency without a consumer collection agency license, in violation of Section 36a-801(a) of the Connecticut General Statutes; and (2) Respondent charged at least one Connecticut debtor a collection fee in excess of 15% of the amount collected, in violation of Section 36a-805(a)(12) of the Connecticut General Statutes.

The hearing decision concluded that Respondent violated Sections 36a-801(a) and 36a-805(a)(12) of the Connecticut General Statutes and ordered Respondent to cease and desist from violating Sections 36a-801(a) and 36a-805(a)(12) of the Connecticut General Statutes. Respondent was ordered to pay $30,000 as a civil penalty, and to make restitution of any sums obtained from Connecticut consumer debtors as a result of violating Sections 36a-801(a) and 36a-805(a)(12) of the Connecticut General Statutes.

SECURITIES AND BUSINESS INVESTMENTS DIVISION ACTIVITY

MoneyLion Securities LLC (CRD No. 298395)

On September 3, 2026, the Banking Commissioner entered into a Consent Order (No. CO 26 202611-S) with MoneyLion Securities LLC (“MoneyLion Securities”), a Connecticut registered broker-dealer having its main address at 249-245 W 17th Street, Floor 4, New York, New York 10011.

The Consent Order alleged that MoneyLion Securities violated Section 36b-31-6a(a) of the Regulations of Connecticut State Agencies by failing to register a broker-dealer agent in Connecticut since December 1, 2025.

In resolution of the matter, MoneyLion Securities agreed to refrain from conduct that violates the Connecticut Uniform Securities Act and to pay $2,500 to the Department of Banking as an administrative fine.

Dated: Tuesday, September 8, 2026

Jorge L. Perez
Banking Commissioner