CFPB Consumer Complaint Profile

Amalgamated Token Services, Inc.

What 36 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

Data updated 2026-05-15

36
Total complaints
2
Last 12 months
30.6%
Timely response
9
States affected

The verdict

Among 3,848 financial companies tracked by CFPB complaint volume, Amalgamated Token Services, Inc. sits at #2146, with 36 complaints logged. It answers 30.6% of complaints on time - below the 93% median for companies with 100+ complaints.

#2146
of 3,848 companies by volume
30.6%
answered on time
Money transfer, virt…
most-complained product
9
states with complaints
Amalgamated Token Services, Inc. timely response rate 30.6%
Industry benchmark

Percent of CFPB complaints answered within the regulator's expected window. Industry benchmark sits at 95%.

Reading this profile

Complaints by Product

Money transfer, virtual currency, or money service - Virtual currency 26
Money transfer, virtual currency, or money service - Mobile or digital wallet 4
Money transfer, virtual currency, or money service - International money transfer 3
Money transfer, virtual currency, or money service - Domestic (US) money transfer 1
Money transfer, virtual currency, or money service - Refund anticipation check 1
Debt collection - Other debt 1

Top Issues

1.Money was not available when promised 10
2.Other transaction problem 9
3.Fraud or scam 7
4.Other service problem 3
5.Managing, opening, or closing your mobile wallet account 2
6.Confusing or missing disclosures 2
7.Unauthorized transactions or other transaction problem 1
8.Electronic communications 1
9.Unexpected or other fees 1

Complaints by Year

Year Complaints
2021 15
2022 5
2023 3
2024 9
2025 4

Complaints by State (Top 15)

Georgia 1
Idaho 1
Washington 1
Oregon 1
Alabama 1
Tennessee 1
Florida 1
North Carolina 1
New York 1

Company Responses

Closed with explanation 19
Untimely response 16
Closed with non-monetary relief 1

What the CFPB Complaint Record Shows for Amalgamated Token Services, Inc.

Amalgamated Token Services, Inc. carries 36 complaints in the CFPB's database, 2 of them filed within the past 12 months. Consumers spanning 9 states and territories have weighed in, giving this a geographically concentrated footprint. No product draws more complaints than "Money transfer, virtual currency, or money service," which sits at the top of the product breakdown. The specific issue named most within that category is "Money was not available when promised," a reasonable starting point for understanding recurring friction.

30.6% of CFPB-forwarded complaints against Amalgamated Token Services, Inc. get a reply inside the Bureau's 15-day window. That trails the 95% benchmark badly, a red flag given how strongly late or missing responses predict CFPB supervisory attention. 2.8% of resolved complaints ended with some monetary or non-monetary relief for the consumer.

How to read complaint counts

Complaint counts alone do not tell the full story, larger institutions with more customers will naturally generate more complaints in absolute terms. The more informative signals are the direction of the yearly trend shown above, the state-level concentration (which hints at regional servicing issues or regulatory exposure), and the ratio of monetary-relief closures to closed-without-relief outcomes. Taken together, these fields give consumers a reasonable empirical basis for deciding whether to escalate a dispute, and give researchers a starting point for investigating institutional patterns.

Educational data summary, not financial or legal advice. Individual complaint outcomes vary. Consumers should consult a qualified attorney or financial advisor for guidance on a specific dispute.

Frequently Asked Questions

How many CFPB complaints does Amalgamated Token Services, Inc. have?

The CFPB has logged 36 complaints against Amalgamated Token Services, Inc. to date, of which 2 came in over the last 12 months.

Does Amalgamated Token Services, Inc. respond to complaints on time?

Amalgamated Token Services, Inc. has a 30.6% timely response rate to CFPB complaints. That falls well short of the 95% benchmark most companies clear.

What product generates the most complaints for Amalgamated Token Services, Inc.?

Among all products tied to Amalgamated Token Services, Inc., "Money transfer, virtual currency, or money service" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Amalgamated Token Services, Inc.?

"Money was not available when promised" is the single most frequently cited issue in complaints against Amalgamated Token Services, Inc. - see all issues and counts above.

How do I file a complaint against Amalgamated Token Services, Inc.?

You can file a complaint against Amalgamated Token Services, Inc. directly with the CFPB at consumerfinance.gov/complaint. The CFPB will forward your complaint to the company and work to get you a response, typically within 15 days.

In how many states have consumers complained about Amalgamated Token Services, Inc.?

Consumers in 9 states and territories have filed complaints about Amalgamated Token Services, Inc. with the CFPB. This count includes the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions such as Guam, the U.S. Virgin Islands, and military postal codes (APO/FPO), which is why it can exceed the 52 states and territories that have a dedicated state page on this site.

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Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database Data through March 2026