Stax
DECEMBER 2, 2024
In 2023, the FTC under Chair Lina Khan drafted a rule that would ban junk fees , but whether the FTC moves forward with this rule after the November 2024 presidential election is in question. As always, please rely on the guidance of your independent legal advisors. The Minnesota law will go into effect on January 1, 2025.
Fintech Weekly
JUNE 8, 2025
The FTC requires financial institutions to encrypt user data but doesn’t specify which cryptography standards to use. Even trustworthy, verified assets or accounts can pose risks through errors or takeover, but removing sensitive details from data can make these hazards less impactful. Encryption is the first step.
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Payments Dive
JULY 16, 2025
Department of the Treasury as a way to accept payments from taxpayers and send out tax refunds, eliminating the need for paper checks, noted Tony DeSanctis, senior director of payments for the consulting firm Cornerstone Advisors. “If If they want to pick that up, they need to get every bank they can,” he said in an interview Tuesday.
PYMNTS
AUGUST 13, 2020
In June, Reuters reported the Federal Trade Commission (FTC) is conducting a preliminary inquiry of Google’s $1.1 A source told the news service that the FTC has not reached the level of an investigation into Google and the company is complying. Google and the FTC declined to comment. Pichai also faced tough questions from U.S.
PYMNTS
OCTOBER 13, 2016
There ruse continues with “technical support advisors” that are supposedly affiliated with tech behemoths such as Apple or Microsoft. The FTC has frozen $188,000 in assets held by the firms and also are seeking permanent injunctions against the defendants, who may have already scammed tens of thousand of people worldwide.
PYMNTS
FEBRUARY 5, 2020
Delrahim served as an advisor to Google in 2007 when the company was seeking the go-ahead from the Federal Trade Commission (FTC) to buy DoubleClick. with state attorneys general representatives, the FTC and the House Judiciary Committee to review collective investigations of Google. The DOJ recently met in Washington, D.C.
PYMNTS
FEBRUARY 26, 2019
While the funds are branded by SoFi, they are actually being issued through a trust, with Toroso Investments serving as the investment advisor, Exponential ETFs running the funds on a daily basis and Solactive creating the benchmarks. The funds are free until at least March 27, 2020, with the waived fee being listed in the filing as 0.19
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