Caps and FTC - Payments Space

Mastercard, Visa play down stablecoin threat

Payments Dive

JULY 17, 2025

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Stablecoins

Stablecoins Visa FedNow Cross-Border

Facebook: FTC Pact Means ‘Shift’ In Privacy Approach

PYMNTS

JULY 24, 2019

As reported on Wednesday (July 24), the Federal Trade Commission (FTC) has said it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data. The FTC also has mandated stricter oversight over third-party apps.

FTC

FTC Privacy Federal Trade Commission Settlement

Facebook: FTC Pact Means ‘Shift’ In Privacy Approach

PYMNTS

JULY 24, 2019

Among the tenets of the settlement, the company must establish a board committee that is focused on privacy, and as reported by news outlets including CNBC , CEO Mark Zuckerberg will report certified statements to the FTC, on a quarterly basis, on how the firm is protecting user data and privacy.

FTC

FTC Privacy Federal Trade Commission Settlement

Uber’s Bid For Grubhub Triggers Delivery Fee Fears

PYMNTS

MAY 14, 2020

The possible merger between Uber and Grubhub is causing a wave of worry over delivery fees at a time when some local officials are considering instituting caps , as the New York City Council did on Wednesday (May 13). Similar caps were also instituted in San Francisco, Seattle, Washington, D.C.,

Federal Trade Commission

Federal Trade Commission Caps FTC Rules

Data Dive: Amazon And The FTC, Ethereum And Mastercard And Wells Fargo’s New Groove

PYMNTS

JULY 24, 2017

Here’s a quick recap: Amazon got the attention of the Federal Trade Commission (FTC) over discounts. Amazon, the FTC and Discounting Duplicit y. One particular cloud comes in the form of a Federal Trade Commission (FTC) investigation into the site’s discounting practices. Ethereum Gets A Bump .

FTC

FTC Federal Trade Commission Visa Bitcoin

Tech Giants’ Stocks Down After Regulatory Oversight Agreements

PYMNTS

JUNE 3, 2019

Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the social media company over competition concerns. Facebook lost $33 billion out of its market cap and settled at $472 billion.

Agreements

Agreements FTC Federal Trade Commission Caps

Major Retailers Brace For Gift Card Fraud

PYMNTS

NOVEMBER 23, 2018

At the same time, the changes also dictate that store-branded gift cards can’t be redeemed for other gift cards and place a cap on the amount of money that can be added to the cards. The news comes as a Federal Trade Commission (FTC) report early this year claimed that fraudsters are increasingly requesting to be paid with gift cards.

Federal Trade Commission

Federal Trade Commission Scams FTC Transaction Limits

Online Lender SoFi Debuts Two Free ETFs

PYMNTS

FEBRUARY 26, 2019

While cheaper funds offered by competitors are weighted by market capitalization, SoFi’s will use a proprietary mix of market cap and fundamental factors. The news comes after the Federal Trade Commission (FTC) announced that it has resolved its investigation into SoFi.

Federal Trade Commission

Federal Trade Commission FTC Caps Advisors

This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences

PYMNTS

DECEMBER 11, 2020

Facebook's FTC Problem. Earlier this week, the Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit against Facebook , accusing the company of “illegally maintaining its personal social-networking monopoly through a years-long course of anticompetitive conduct,” according to a press release.

FTC

FTC BNPL Payments Federal Trade Commission

Fleet Cards Caught In Crosshairs Of Corporate Card Fee Debate

PYMNTS

FEBRUARY 6, 2019

Yet, reports said there have been 366 complaints filed with the Federal Trade Commission (FTC) against FLEETCOR since 2014. . “The majority of our more than 800,000 business customers are very satisfied with the value we provide,” the statement said. WEX Inc. ,

Payroll

Payroll Commercial Card Federal Trade Commission Wire Transfer

Driver Guild Says Uber Competitor, Juno, Misled Drivers

PYMNTS

MAY 17, 2017

According to the FTC , less than 10 percent of drivers in New York and San Francisco earned the annual income touted by the company. While this turn of events may spell the end for Juno, it’s a feather in their cap for the IDG. The FTC complaint definitely bolsters the guild’s credibility, but the IDG isn’t stopping there.

Federal Trade Commission

Federal Trade Commission FTC Caps Legal

Amazon Tracker: Cash In Bloom

PYMNTS

APRIL 12, 2017

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. In an agreement with the FTC, the online retail giant will end appeals to last year’s court findings that Amazon billed consumers for unauthorized in-app charges incurred by children.

FTC

FTC Agreements Authentication Data Breach

LendingClub Settles With SEC, DOJ

PYMNTS

OCTOBER 1, 2018

Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. Attorney Alex Tse. “We We will vigorously investigate wrongful conduct in this industry.”. The Response. Those effects, however, were short-lived.

P2P

P2P Origination Underwriting Returns

Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends

PYMNTS

JULY 15, 2019

All of those things might help to explain why, despite The Wall Street Journal ’s reporting on Friday (July 12) that the FTC had reached an agreement to fine Facebook $5 billion, the company’s stock closed at $204.87, up $3.84 (1.81 This news comes from “persons familiar with the matter,” and neither the FTC nor Facebook have commented.

FTC

FTC Blocks Regulations Breach

Payments Space

Mastercard, Visa play down stablecoin threat

Facebook: FTC Pact Means ‘Shift’ In Privacy Approach

Trending Sources

Facebook: FTC Pact Means ‘Shift’ In Privacy Approach

Uber’s Bid For Grubhub Triggers Delivery Fee Fears

Data Dive: Amazon And The FTC, Ethereum And Mastercard And Wells Fargo’s New Groove

Tech Giants’ Stocks Down After Regulatory Oversight Agreements

Major Retailers Brace For Gift Card Fraud

Online Lender SoFi Debuts Two Free ETFs

This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences

Fleet Cards Caught In Crosshairs Of Corporate Card Fee Debate

Driver Guild Says Uber Competitor, Juno, Misled Drivers

Amazon Tracker: Cash In Bloom

LendingClub Settles With SEC, DOJ

Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends

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