Clearly Payments

OCTOBER 7, 2024

This article covers the impact of COVID-19 on payment processing, supported by data and statistics that highlight the scope and scale of these changes. An Accelerated Shift to a Cashless Society The shift from cash to digital payments, which was already underway before the pandemic, was dramatically accelerated by COVID-19.

Cross-Border

PYMNTS

DECEMBER 3, 2020

Joe Simons, chair of the Federal Trade Commission (FTC), said last month that “roadblocks” could be instituted to prevent dominant companies from buying emerging startups. Recent deals included the Equifax purchase of Ansonia Credit Data; Corsair Capital’s purchase of MSTS; the Paya merger with FinTech Acquisition Corp.

Federal Trade Commission

PYMNTS

JULY 30, 2020

Federal Trade Commission (FTC) announcing in June that it would be taking a hard line on violations in this industry that seem to take advantage of vulnerable individuals. Offering swift digital payments can help companies searching for these freelancers to seal the deal over competing offers.

Payroll

PYMNTS

MAY 21, 2020

The new Preventing Financial Crimes Playbook explores the latest financial crime developments, including a rise in financial fraud related to the ongoing COVID-19 pandemic, new threats targeting digital payment apps and guidance from PNC Financial Services on how multilayered defense systems can help curb the tide of digital scams.

Financial Crimes

PYMNTS

NOVEMBER 14, 2019

FTC Probing Visa, Mastercard About Debit Card Practices. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. Investors from the U.S.

Debit Card

PYMNTS

OCTOBER 3, 2019

Snap is joining other Facebook competitors in participating in discussions with investigators from the Federal Trade Commission (FTC), with its legal team maintaining a dossier on Facebook outlining allegations of stifling competition.

Federal Trade Commission

PYMNTS

NOVEMBER 10, 2019

Against a backdrop of comprehensive inquiries, the DOJ and the Federal Trade Commission (FTC) are being criticized by lawmakers for debating which agency should probe which tech company. The membership roster for the CCIA includes Amazon, Facebook and Google, among others.

Federal Trade Commission

PYMNTS

APRIL 24, 2019

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and $5 billion from the Federal Trade Commission over privacy. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement.

Privacy

PYMNTS

JULY 19, 2019

Facebook Slapped With $5B FTC Fine, But Still Has Lots Of Friends. And, despite reporting on July 12 that the Federal Trade Commission (FTC) had reached an agreement to fine Facebook $5 billion, shares in the social media company were up $3.84 Visa has acquired Munich-based payment gateway PayWorks.

Payment APIs and Integration

PYMNTS

NOVEMBER 4, 2019

The average monthly fraud volume rose 133 percent for mid- to large sized retailers selling digital goods through the mobile channel. According to the PYMNTS Securing B2B Payments Report , criminals last year successfully made off with $4.2 trillion from the worldwide economy.

Online and Mobile Banking

PYMNTS

JULY 24, 2019

billion fine from the European Commission on anti-competitive grounds, a hit that will continue to be a threat as legal bodies investigate and regulate Big Tech. Alphabet’s earnings were also partially affected by a $1.7

Federal Trade Commission

FICO

MARCH 30, 2023

The government is so concerned about cash disappearing they have written legislation that would require retailers to accept cash payments. And even though digital payments have exploded in the past few years, attempts to take economies entirely cashless, such as in India, met resistance and were rolled back. TJ holds a B.S.

Scams