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MoneyGram To Settle With FTC For $125M

PYMNTS

The Federal Trade Commission (FTC) said on Thursday (Nov. According to the FTC , the company violated the settlement struck in 2012 that stemmed from charges that the company had aided and abetted wire fraud. This announcement came separately on Thursday. and Canada. “The

FTC
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FTC Puts The Smackdown On Fake Online Reviews

PYMNTS

Federal Trade Commission (FTC), which was pretty busy this week on issues related to digital commerce and payments. The FTC said it brought forward “its first case challenging a marketer’s use of fake paid reviews on an independent retail website.”. FTC Penalty. The case involves “Cure Encapsulations, Inc. Power of Reviews.

FTC
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Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And Google To Pay News Firms 

PYMNTS

“Rather, we are seeking to create a level playing field where market power is not misused and there is appropriate compensation for the production of original news content.”. FTC, 46 States Start Large Antitrust Suit Against Facebook.

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Valeant Peels Off Skincare Lines To L’Oréal For $1.3B

PYMNTS

Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. The FTC ordered Valeant to divest Paragon in order to settle those charges.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Those effects, however, were short-lived.

P2P
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Deep Dive: GDRP And The EU’s New Rules Of Data Handling

PYMNTS

That effort kicked off in 2012, when the European Commission first began taking steps to advance data protections in the EU. In addition to Zuckerberg’s grilling on Capitol Hill , the Federal Trade Commission (FTC) also recently launched an investigation into Facebook. The Need for Greater GDPR Compliance.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Their success is tied to how well they perform in search, and historical SEO rankings tell us that relatively soon after these tools were built (2012), Credit Karma was ranking near the middle–top of the first page of search results for some huge related keywords like: loan calculator : 823,000 monthly searches. account aggregator.