Consumer Consumer Protection Federal Trade Commission 
PYMNTS
MAY 22, 2020
After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending operation with overcharging customers and taking money from their bank accounts without authorization. Kotobuki Marketing, Inc.;
Fi911
APRIL 15, 2025
While convenient for businesses and some consumers, this model raises questions about transparency and consent, which well explore next. The Federal Trade Commission (FTC) in the United States, for example, has specific guidelines aimed at ensuring transparency and preventing unfair practices.
PYMNTS
DECEMBER 14, 2020
The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. The FTC is working with 19 other federal, state and local law enforcement partners in the effort.
PYMNTS
MAY 21, 2020
Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit card data.
PYMNTS
SEPTEMBER 27, 2016
The Federal Trade Commission wants changes to the FTC Act that would allow it to provide better protection to consumers and increase competition. The testimony estimated that the agency has saved consumers over $3.4 But the commission wants the common carrier exception to the FTC Act to be repealed.
PYMNTS
JULY 1, 2020
Since the beginning of the coronavirus pandemic, the Federal Trade Commission (FTC) has received a record number of complaints related to online shopping, the agency reported on Wednesday (July 1). Of that number, more than 18,000 shoppers said they ordered items that were never delivered.
Segpay
JULY 23, 2024
A negative option can also occur after a trial period, in which sellers automatically begin charging a fee or a higher fee unless consumers affirmatively cancel or return the goods or services. Obtain a consumer’s express informed consent before charging the consumer’s account; the offer cannot be pre-checked.
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