Remove Consumer Remove FTC Remove NOV
article thumbnail

Pay with TRIO: The E-Commerce Breakthrough with Stablecoins.

Finextra

The Significant Financial and Reputational Impact of Online Payment Fraud, Particularly from Stolen Payment Cards Online payment fraud poses a severe and multifaceted threat, resulting in substantial financial losses for both businesses and consumers globally. Projections indicate that global card fraud losses are expected to reach $40.53

article thumbnail

Pay with TRIO: The E-Commerce Breakthrough.

Finextra

The Significant Financial and Reputational Impact of Online Payment Fraud, Particularly from Stolen Payment Cards Online payment fraud poses a severe and multifaceted threat, resulting in substantial financial losses for both businesses and consumers globally. Projections indicate that global card fraud losses are expected to reach $40.53

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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 64
article thumbnail

Automakers Worry That Qualcomm Appeal Could Boost Cost Of 5G Cars

PYMNTS

If microchip supplier Qualcomm wins its case on appeal, the cost of connected cars using 5G technology will skyrocket, automakers and suppliers said in court filings on Friday (Nov. The legal saga started in 2017 when the FTC accused Qualcomm of operating a monopoly and charging exorbitant licensing fees. 29), Reuters reported.

CHIPS 97
article thumbnail

FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement

PYMNTS

The FTC noted NetSpend will mail a refund check within 30 days after the customer makes the request. The FTC warned consumers to keep in mind they don’t have to pay to get a refund in any FTC cases. In April after a lengthy legal process with the Federal Trade Commission (FTC), the NetSpend Corp.

FTC 43
article thumbnail

Investigations Of Big Tech Look Set To Multiply Across DOJ, FTC

PYMNTS

News comes, as reported by The New York Times Monday (Nov. Rosen said law enforcement could look into privacy, consumer protection and other areas throughout its investigations. For Big Tech: More investigations, and broader ones, too. On a number of fronts.

FTC 40
article thumbnail

Today In Payments: People Keep Saving Despite Low Interest Rates; Instacart IPO Could Come In Early 2021

PYMNTS

Amazon said on Thursday (Nov. FTC Chair: Companies Buying Startups Could Be Seen as Anti-Competitive. Federal Trade Commission (FTC), said antitrust enforcers should be on guard against dominant companies buying emerging startups, a central issue in the agency's investigation of Facebook. Joe Simons, chair of the U.S.