Tearsheet

JANUARY 28, 2025

Last year, the FTC received 2.6 We are constantly thinking about new ways to deploy Zelle overall or help small businesses save time by using Zelle instead of cash or checks. Centering safety of consumer funds: Finally, if you want to provide the best P2P payments experience you need to work to be the safest.

Zelle

Cardfellow

JULY 26, 2025

The FTC claimed that “bait-and-switch” pricing and misleading fees are common throughout various industries, but narrowed the final rule to decrease the likelihood of it being rejected by commissioners. Cash Discounting There are already examples of this type of required disclosure outside of the businesses affected by the new FTC rule.

Junk Fees

Fintech Weekly

JUNE 8, 2025

The FTC requires financial institutions to encrypt user data but doesn’t specify which cryptography standards to use. Even trustworthy, verified assets or accounts can pose risks through errors or takeover, but removing sensitive details from data can make these hazards less impactful. Encryption is the first step.

API

Payments Dive

JULY 16, 2025

Consumers view disputed payments as a viable refund alternative, according to a survey that arrived with the demise of a federal “click-to-cancel” rule.

Void

Bank Automation

FEBRUARY 5, 2025

The FTC estimates that consumer fraud losses in 2023 exceeded $10 billion and tech providers are looking for ways to combat that fraud for bank and credit union clients, Zest AI […] The post Transactions: MeridianLink, Sync1 Systems integrate Zest AI anti-fraud solution appeared first on Bank Automation News.

AI

Payments Dive

JUNE 23, 2025

By Lynne Marek • July 17, 2024 Kent Nishimura / Stringer via Getty Images Capital One-Discover antitrust concerns may be overblown Capital One’s proposed acquisition of the smaller Discover seems “too small to be a core antitrust concern,” said Barry Barnett, an antitrust lawyer. By Caitlin Mullen • Aug.

Privacy

Finextra

JUNE 26, 2025

The Federal Trade Commission (FTC) alone documented nearly 266,000 cases of online shopping and negative review scams in 2023. Businesses must therefore recognize that investments in robust security are fundamental to preserving their market standing and consumer relationships. Problem 1: Mistrust in Sellers. Problem 2: Mistrust in Buyers.

Stablecoins

Payments Dive

JULY 16, 2025

By Patrick Cooley • July 25, 2024 Courtesy of FIS FIS starts to get its payments mojo back Fidelity National Information Services is starting to recharge its card payments business in the wake of selling Worldpay, the company’s CEO said. By Lynne Marek • Aug.

Zelle

Payments Dive

JULY 17, 2025

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Stablecoins

Payments Dive

JULY 9, 2025

Most Popular Trump imposes new remittance tax Processors lean on AI to fight fraud Warren demands Zelle scam update Visa, Mastercard vie for Treasury role Library resources Playbook From a Transactional Tactic to a Transformational Strategy Custom content for Wind River Payments Playbook The Retailer’s 4-Step Guide to Better Payment Experiences Custom (..)

Treasury

Finextra

JUNE 26, 2025

The Federal Trade Commission (FTC) alone documented nearly 266,000 cases of online shopping and negative review scams in 2023. Businesses must therefore recognize that investments in robust security are fundamental to preserving their market standing and consumer relationships. Problem 1: Mistrust in Sellers. Problem 2: Mistrust in Buyers.

Stablecoins

Payments Dive

JUNE 23, 2025

The $10M deal resolves US allegations that the retail giant turned a blind eye to scams and fraud that cost consumers hundreds of millions of dollars.

FTC

Payments Dive

NOVEMBER 1, 2024

“For better or for worse, applying pressure to payments organizations to ferret out bad-merchant actors seems to be an effective way for the FTC to make private industry police the merchant marketplace,” writes an industry lawyer.

FTC

Payments Dive

SEPTEMBER 27, 2023

The FTC alleged in a lawsuit filed Tuesday against the online retail juggernaut that it maintained a monopoly partly through its checkout process.

FTC

Payments Dive

JANUARY 29, 2024

The cash advance provider “lured consumers in with false promises of free money advances,” and then made it difficult for them to cancel, FTC Director Samuel Levine said in a press release.

FTC

PYMNTS

SEPTEMBER 22, 2020

More than 200,000 Americans have lost $145 million linked to the COVID-19 pandemic since the start of the year, the Federal Trade Commission (FTC) reported on Tuesday (Sept. At 7,628, the FTC found that the greatest number of complaints came from people aged 30-39, who lost a total of $13 million with a median loss of $209.

FTC

Electronic Payments Coalition

APRIL 9, 2024

The Federal Trade Commission (FTC) recently released a report questioning whether COVID-19 price increases at grocery conglomerates, including corporate mega-stores, were necessary and if the continued higher prices were all about increasing profits.

FTC

PYMNTS

APRIL 15, 2020

According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. The FTC says the top categories of these scams entail travel and vacation-related items, online shopping and bogus text messaging, along with “all kinds of imposters.” million to fraud.

FTC

PYMNTS

SEPTEMBER 11, 2019

To find out if Amazon is utilizing its market power to hurt competition, a Federal Trade Commission (FTC) team of investigators has started to interview small businesses that sell items on Amazon. 11), citing unnamed merchants.

FTC

PYMNTS

DECEMBER 9, 2020

The Federal Trade Commission (FTC) and 48 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. The FTC is seeking an injunction in federal court that could require divestitures of assets, including Instagram and WhatsApp.

FTC

PYMNTS

NOVEMBER 16, 2020

corporates, including tech (and beyond Big Tech), Joe Simons , chair of the Federal Trade Commission (FTC), indicated that roadblocks could be set up to stop some of the traditional means of growth and innovation. M&A DOA? In a signal of what might be on the horizon for U.S. An overwhelming number passed muster.

FTC

Payments Dive

JULY 6, 2023

The Federal Trade Commission revved up its case against Walmart last week, alleging the retailer facilitated fraudulent transactions, despite a court ruling setback in March.

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. The defendants named in the matter include Camel Coins, Inc.;

FTC

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). Rountree’s $320,429.82

FTC

Payments Dive

NOVEMBER 1, 2023

The amendment to the FTC’s Safeguards Rule would require non-banking financial institutions to report when they discover information impacting at least 500 people has been accessed without authorization.

Non-Bank

The Paypers

NOVEMBER 7, 2024

FTC has filed a complaint against Dave for seldom providing the advertised loan amounts and charging consumers a "tip" without an opt-out option.

FTC

The Paypers

NOVEMBER 7, 2024

FTC has filed a complaint against Dave for seldom providing the advertised loan amounts and charging consumers a "tip" without an opt-out option.

FTC

Payments Dive

JUNE 29, 2022

The federal agency said Tuesday that the big retailer allowed money transfer fraud that “fleeced customers out of hundreds of millions of dollars.”

FTC

Finextra

MAY 2, 2024

BlueSnap and its former CEO have settled with the Federal trade Commission (FTC) for knowingly processing payments for "deceptive and fraudulent" companies.

FTC

PYMNTS

AUGUST 11, 2020

Congress has yet to agree on the next round of stimulus funding, but the Federal Trade Commission ( FTC ) is already warning the public to beware. No one will call to ask for your bank account, credit card or Social Security number, the FTC said. Consumers who spot a scam should contact the FTC at ftc.gov/complaint.

FTC

PYMNTS

OCTOBER 23, 2020

While the five commissioners of the Federal Trade Commission (FTC) debate if an antitrust lawsuit against Facebook should be pursued, FTC staffers are in favor of moving forward with the case, according to a Wall Street Journal report (WSJ) on Friday (Oct. 23), citing sources familiar with the matter.

FTC

PYMNTS

AUGUST 20, 2020

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported.

FTC

PYMNTS

MAY 19, 2020

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18). The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010.

FTC

PYMNTS

NOVEMBER 8, 2018

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. Court documents stated that the revised fraud prevention system that was put in place after the settlement was ineffective.

FTC

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.

FTC

PYMNTS

JANUARY 17, 2019

Federal Trade Commission (FTC) to put in place a new framework to increase the transparency of companies that handle user data. Cook called on the FTC to create a “data-broker clearinghouse” to control the flow of data. Subsequent data breaches at Facebook and Google have prompted Cook to call for the FTC action.

FTC

PYMNTS

MARCH 2, 2020

In response to fraud from the American Immigration Center, the Federal Trade Commission (FTC) is sending out refunds for those defrauded, according to a press release. The FTC will issue 4,976 refund checks and 44,136 PayPal payments to victims, totaling over $2 million to help make them whole. There was also a $2.2 Analytics Inc.,

FTC