PYMNTS

SEPTEMBER 24, 2019

The Federal Trade Commission (FTC) revealed details about its recent testimony before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights. Hoffman added that the commission has held its own hearings on competition and consumer protection topics over the last year.

FTC 43

FTC Federal Trade Commission Laws Legal Framework 43

PYMNTS

JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. District Court for the Western District of Texas.

FTC 52

FTC Scams Processors Federal Trade Commission 52

PYMNTS

MARCH 7, 2019

Among the most recent support for that point is a fresh push in California among lawmakers to make their strictest-in-the-nation data privacy law even tougher. Rather, it looks like Marriott inherited this breach from Starwood.”. As part of the hearing, the U.S.

Data Breach 71

Data Breach Breach Privacy Federal Trade Commission 71

PYMNTS

NOVEMBER 30, 2020

Earlier this month, Joe Simons , chairman of the Federal Trade Commission, said when big companies acquire startups, that is a red flag signaling possible anti-competitive practices. . Kustomer said its platform will help retailers on Shopify automate 40 percent of interactions.

Federal Trade Commission 56

Federal Trade Commission Acquirers CRM NOV 56

PYMNTS

MARCH 29, 2019

Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google ’s position in the technology space. It’s common for states to work with federal agencies including the FTC and Justice Department when looking into potential misdeeds. Landry said.

FTC 46

FTC Federal Trade Commission Consumer Protection Consulting 46

Global Fintech & Digital Assets

DECEMBER 21, 2023

Compliance Risk Compliance with various consumer protection-related laws and regulations [1] is critical for banks furnishing BNPL loans to ensure that obligations are understood and met on both sides of the transaction.

OCC 59

OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

PYMNTS

FEBRUARY 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its implications for consumers.

FTC 49

FTC Federal Trade Commission FinTech Consumer Protection 49

PYMNTS

MAY 1, 2017

The new entity — renamed the Consumer Law Enforcement Agency — would end up looking like the Federal Trade Commission, Mr Hensarling said: “responsible for actually enforcing the . . . consumer Most bankers support moves to rein the CFPB in a bit.

Consumer Financial Protection Bureau (CFPB) 43

Consumer Financial Protection Bureau (CFPB) CFPB Federal Trade Commission Law Enforcement 43

PYMNTS

NOVEMBER 10, 2019

Current antitrust laws are “flexible enough” to handle issues caused by technology firms, said Makan Delrahim, assistant attorney general for the Antitrust Division of the U.S. Department of Justice, Reuters reported on Saturday (Nov. The membership roster for the CCIA includes Amazon, Facebook and Google, among others.

Federal Trade Commission 40

Federal Trade Commission Laws FTC Privacy 40

PYMNTS

SEPTEMBER 9, 2019

A separate investigation by the Federal Trade Commission (FTC) is already underway. If Google is found to have broken antitrust laws, its business model could be severely harmed. As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”.

Federal Trade Commission 41

Federal Trade Commission FTC Laws Participant 41

PYMNTS

NOVEMBER 19, 2019

18) that the Justice Department may widen investigations into whether tech giants such as Facebook and Google have violated antitrust laws. Rosen said law enforcement could look into privacy, consumer protection and other areas throughout its investigations. News comes, as reported by The New York Times Monday (Nov.

FTC 40

FTC Federal Trade Commission Law Enforcement Privacy 40

PYMNTS

SEPTEMBER 3, 2019

If Google is targeted in an antitrust investigation and is found to have broken antitrust laws, its business model could be severely harmed. As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”.

Federal Trade Commission 40

Federal Trade Commission FTC Laws Consumer Protection 40

PYMNTS

SEPTEMBER 3, 2019

If Google is targeted in an antitrust investigation and is found to have broken antitrust laws, its business model could be severely harmed. As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”.

Federal Trade Commission 40

Federal Trade Commission FTC Laws Consumer Protection 40

PYMNTS

APRIL 25, 2018

Bloomberg reported the Federal Trade Commission (FTC) contends the company’s behavior violated federal laws that protect consumers from deceptive and unfair practices. Stopping this kind of conduct will help consumers make informed choices about loan offers.”.

FTC 40

FTC Federal Trade Commission Consumer Protection Consumer 40

PYMNTS

JUNE 19, 2018

The Federal Trade Commission (FTC) has announced a new law enforcement initiative targeting operations seeking to defraud small businesses. In partnership with the offices of eight state attorneys general (AGs), the New York division of the U.S. Postal Inspection Service, two U.S. Millions of U.S.

FTC 43

FTC Law Enforcement Scams Federal Trade Commission 43

PYMNTS

JULY 13, 2018

The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. FCRA enforcement continues to be a top priority for the Commission.

FTC 41

FTC Law Enforcement Federal Trade Commission Procedures 41

PYMNTS

APRIL 6, 2018

Facebook is defending its data sharing tool, saying it was in compliance with a 2011 privacy agreement with the Federal Trade Commission. According to Bloomberg , the FTC is investigating whether Facebook violated the 2011 law that requires the company to get consent from users before sharing information.

FTC 40

FTC Federal Trade Commission Privacy Compliance 40

Segpay

OCTOBER 4, 2023

Such practices can lead to legal and regulatory challenges, particularly if consumers are harmed or misled. Compliance with Consumer Protection Laws: Affiliate marketers must adhere to various consumer protection laws and regulations, such as the Federal Trade Commission (FTC) guidelines in the United States.

Security 52

Security Due Diligence Compliance Payments 52

PYMNTS

MARCH 25, 2016

But not only are government efforts underway to create and enforce IoT regulation, perhaps somewhat surprisingly, the premiere consumer protection enforcer, the Federal Trade Commission, wants privacy and security practices to be a good thing for both consumers and the IoT space itself.

FTC 40

FTC Federal Trade Commission Encryption Privacy 40

PYMNTS

APRIL 30, 2018

Reports indicated the Federal Trade Commission (FTC) contends the company’s behavior violated federal laws that protect consumers from deceptive and unfair practices — and often caused consumers considerable financial hardship. LendingClub’s stock fell 14 percent to $2.80

Zelle 40

Zelle FTC Federal Trade Commission P2P 40

PYMNTS

APRIL 16, 2018

Not because players such as Facebook, who’ve allowed unauthorized access to consumer data and generally haven’t been very careful with consumer data, shouldn’t pay the price for what they did — they should, and Facebook will. Law” or “CSI” or reading The Boston Globe or The Wall Street Journal all more or less liked the same things.

Consumer 48

Consumer Credential Compromise Product 48

Clearly Payments

FEBRUARY 8, 2024

Department of the Treasury, the OCC supervises and regulates national banks and federal savings associations. It oversees compliance with federal banking laws, including those governing payments. It investigates and takes enforcement actions against entities engaged in anticompetitive behavior or consumer fraud.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

PYMNTS

APRIL 22, 2020

Working alongside our law enforcement partners and the private industry, the Civil Division’s Consumer Protection Branch is taking action against all manner of COVID-19 consumer scams,” said Assistant Attorney General Jody Hunt in a statement.

Scams 69

Scams Federal Trade Commission Law Enforcement Phishing 69

PYMNTS

JANUARY 20, 2021

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. president, Bloomberg Law reported. While at the CFPB, Kraninger rolled back payday lender regulations, finalized debt collection laws and made changes to consumer finance regulations, Bloomberg Law reported.

Consumer Financial Protection Bureau (CFPB) 105

Consumer Financial Protection Bureau (CFPB) Consumer Protection CFPB Consumer 105

PYMNTS

FEBRUARY 9, 2017

Jessica Rich, head of the FTC’s consumer protection bureau, is leaving the agency. According to a report by American Banker , Rich joined the FTC in 1991 and has held multiple roles, including deputy director of the consumer protection bureau and associate director of the FTC’s financial practices division.

Consumer Protection 40

Consumer Protection FTC Federal Trade Commission Consumer 40

PYMNTS

APRIL 2, 2019

The big tech landscape is one that continues to be populated by regulators, by disparate voices calling for more oversight, more laws, more mandates spelling out what is private and what is not. Federal Trade Commission (FTC) is readying talks with state attorneys general about Facebook and Google. Landry said.

Regulations 46

Regulations Government Governance Federal Trade Commission 46

PYMNTS

NOVEMBER 28, 2016

We need strong consumer financial protection laws, and enforcement of those laws, to make everyone involved in financial services — from lowly employees pushing products, to local managers at AFS providers, to CEOs at big financial institutions — to think long and hard about scamming consumers.

Consumer 51

Consumer CFPB Credit Cards Federal Reserve 51

FICO

AUGUST 27, 2018

Treasury is also correct to emphasize the need that any new innovations ensure data accuracy and comply with existing consumer protection laws and regulations including the Fair Credit Reporting Act, Equal Credit Opportunity Act, the Federal Trade Commission Act as well as compliance with model validation and management guidelines.

FinTech 49

FinTech Treasury OCC Federal Trade Commission 49