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β Due DiligenceRisks
1. Fraudulent transactions: FirstCash may be vulnerable to fraud and other illicit activities due to its reliance on online services.
2. Security breaches: FirstCash may be vulnerable to data breaches due to the sensitivity of the personal information it collects and stores.
3. Regulatory compliance: FirstCash may be subject to regulation due to its financial services and products, increasing the risk of regulatory penalties related to potential violations.
4. User interface issues: Users may struggle to navigate the FirstCash app or website, reducing the appeal of such services.
5. Third-party integrations: The reliance on third-party services can introduce additional risks of data insecurity or operational complications.