PYMNTS

MAY 2, 2019

Facebook is in discussions with the Federal Trade Commission over a settlement that would include appointing privacy-focused executives in the C-suite. Politico reported that with the proposed settlement, the FTC would be able to veto the choice for privacy executive.

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PYMNTS

NOVEMBER 14, 2019

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. In February , Visa and Mastercard, along with bank defendants, reached a settlement of about $6.24 1, 2004 and Jan.

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PYMNTS

JUNE 16, 2017

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t access their money in their NetSpend accounts. In April after a lengthy legal process with the Federal Trade Commission (FTC), the NetSpend Corp.

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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.

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PYMNTS

NOVEMBER 23, 2020

34 States Unveil $113M Settlement Against Apple For Alleged iPhone ‘Throttling’ . The settlement resolves allegations that Apple provided “misrepresentations” regarding iPhone batteries and allegedly used software that slowed down processing performance to handle “insufficient” battery power in older phones. California will get $24.6

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PYMNTS

NOVEMBER 10, 2020

Amazon and other big tech firms are under scrutiny for alleged antitrust violations by the House Judiciary Committee, the Department of Justice and the Federal Trade Commission. A settlement could give residents with Facebook accounts payouts of $200 to $400. In the U.S.

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PYMNTS

FEBRUARY 15, 2019

Facebook is set to face a record-setting fine imposed by the Federal Trade Commission (FTC). A judge would have to approve any settlement between the two parties, which would likely include the fine and changes to Facebook’s business practices.

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PYMNTS

FEBRUARY 21, 2020

Rent-to-own (RTO) companies Rent-A-Center , Buddy’s and Aaron’s have all settled a case with the Federal Trade Commission (FTC) alleging they made reciprocal non-competition deals with each other that violated federal antitrust law and created an environment that limited choices for consumers, according to an FTC press release.

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PYMNTS

FEBRUARY 20, 2020

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. The bogus results were then used to compel customers to spend money on expensive and unnecessary tech services.

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PYMNTS

NOVEMBER 8, 2018

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to anti-money laundering (AML) controls. The investigation leading up to that settlement stretched from 2003 to 2009 and focused on agents in the U.S.

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PYMNTS

JUNE 12, 2019

The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). One person told the Journal that the potential for the emails to go public is a main reason for Facebook wanting to reach a settlement with the FCC. Karl Racine, over the Cambridge Analytica scandal.

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PYMNTS

JULY 23, 2019

The Washington Post is reporting that as part of a milestone settlement against Facebook, the Federal Trade Commission (FTC) is going to say that Facebook lied to users about handling phone numbers and that it misled users about turning off a photo recognition tool.

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PYMNTS

APRIL 20, 2020

Progressive Leasing will pay $175 million to settle charges with the Federal Trade Commission (FTC) that its policies were misleading to customers, according to an April 20 release by the FTC. Under the settlement, the $175 million from Progressive will go toward paying refunds to customers who were affected.

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PYMNTS

SEPTEMBER 28, 2016

The Federal Trade Commission announced on Tuesday (Sept. The FTC and the states of Illinois and Ohio said they secured the consumer redress as part of a settlement of charges against One Technologies in Jan. monthly fee for credit monitoring the FTC said they never ordered. “We

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PYMNTS

MAY 19, 2020

million to settle allegations that they laundered credit card transactions for scams targeting hundreds of thousands of consumers, the Federal Trade Commission (FTC) said on Tuesday (May 19). First Data will pay some $40 million of the settlement, while Ko will cover about $270,000.

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PYMNTS

MAY 31, 2017

The Federal Trade Commission (FTC) announced in a press release that it is mailing additional refund checks totaling $1.9 The settlement barred the defendants from making deceptive weight-loss claims about any food or dietary supplement and ordered them to pay money for the refund program.

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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 commission also requested that its jurisdiction be extended to nonprofit entities. Ohlhausen and Terrell McSweeny to the U.S.

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PYMNTS

MAY 21, 2019

Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade Commission (FTC) over allegations of knowingly processing fraudulent transactions related to scams, the FTC reported on Tuesday (May 21).

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PYMNTS

MAY 5, 2019

With Facebook and the Federal Trade Commission in the final stages of settlement talks, disagreements between the five-member FTC panel are complicating the discussions. When Facebook reported quarterly earnings in late April it said it was setting aside $3 billion to $5 billion to cover a settlement with the FTC.

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PYMNTS

JULY 24, 2019

As reported on Wednesday, the Federal Trade Commission has said that it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data. But beyond the financial settlement, the settlement also mandates that Facebook change the ay it addresses privacy issues.

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PYMNTS

APRIL 15, 2019

The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers and used other illegal tactics. Under terms of the settlement, Avant cannot engage in any similar conduct, and must pay $3.85

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PYMNTS

JULY 22, 2019

The Federal Trade Commission will soon announce the details of a settlement with Facebook over privacy violations, according to a report by The Wall Street Journal on Monday (July 22). The settlement includes a fine of about $5 billion, and it would end a long investigation into the social media giant.

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PYMNTS

MARCH 31, 2019

Also, the government and Facebook are reportedly negotiating a settlement in the neighborhood of multi-billions for the company’s privacy issues. . Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google ’s position in the technology space.

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PYMNTS

DECEMBER 10, 2018

MoneyGram took a hit earlier this month when it was ordered to pay $125 million in penalties to the Federal Trade Commission for violating a six-year-old settlement related to anti-money laundering controls.

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PYMNTS

FEBRUARY 11, 2019

The Federal Trade Commission said it will send refund checks to people who were victims of a tech support scam. FTC, as part of the settlement, will mail checks that average around $380, and totalling $26,000, to about 70 people. Sometimes, the alleged bad guys would install malware.

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PYMNTS

JULY 24, 2019

The Federal Trade Commission announced that it has filed a suit against data analytics company Cambridge Analytica. In addition to the administrative complaint, the agency also revealed that it filed settlements with Cambridge Analytica’s former chief executive and an app developer who worked with the company.

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PYMNTS

MARCH 17, 2016

Facing charges that it deceived consumers with paid ads that were presented as objective articles, Lord & Taylor has opted to settle with the Federal Trade Commission (FTC). “Consumers have the right to know when they’re looking at paid advertising.” ”

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PYMNTS

AUGUST 26, 2019

The US Federal Trade Commission announced that the promoters of recruitment-based cryptocurrency schemes have been permanently banned from operating or participating in any multi-level marketing program. As part of their proposed settlements with the FTC, Dluca will pay $453,932, and Chandler will pay $31,000.

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PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. As part of the settlement with the FTC, i-Dressup and its owners have agreed to pay $35,000 in civil penalties, and are prohibited from violating COPPA.

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PYMNTS

MAY 9, 2019

Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to break it up, according to a report by Reuters. Facebook accepts that with success comes accountability.

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PYMNTS

JULY 17, 2017

Two years after its tumultuous and massive data breach exposing millions of its users’ data to the public, the controversial Ashley Madison site — which sets up married or people in committed relationships with others looking for sexual encounters — has finally reached a settlement. million settlement with the 37 million site users.

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PYMNTS

JUNE 16, 2017

The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam. The settlement also banned them from telemarketing and from selling debt relief products or services.

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PYMNTS

FEBRUARY 27, 2019

million by the Federal Trade Commission (FTC) over the illegal collection of data from children, the FTC said on Wednesday (Feb. This is the largest civil penalty ever obtained by the Commission in a children’s privacy case,” the FTC said. TikTok has been fined a record $5.7

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The Paypers

NOVEMBER 9, 2018

(The Paypers) MoneyGram International has agreed to pay USD 125 million to settle allegations that the company failed to take steps to crack down on fraudulent money transfers, according to US Federal Trade Commission.

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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. But beyond the financial settlement, the settlement also mandates that Facebook change the way it addresses privacy issues.

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PYMNTS

DECEMBER 24, 2019

The news comes after Facebook’s $5 billion settlement with the Federal Trade Commission (FTC), which ruled that Facebook had to update its privacy standards to better protect peoples’ personal information.

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PYMNTS

AUGUST 16, 2017

This week, the ride-hailing company has made arrangements to settle with the Federal Trade Commission (FTC) over allegations that it did not protect consumer privacy in a 2014 breach. The drama that wages on with Uber may be coming a halt soon — at least on one front anyway.

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