Finextra

JUNE 26, 2025

The Federal Trade Commission (FTC) alone documented nearly 266,000 cases of online shopping and negative review scams in 2023. Please read our Privacy Policy. 0 26 June 2025 Be the first to comment Eli Talmor CEO ID-Bound Location Haifa Followers 3 Opinions 8 Follow Unfollow E-Commerce and Fraud: Lack of Trust.

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Stablecoins Payment APIs and Integration Cross-Border Account Takeovers 52

Payments Dive

JULY 9, 2025

By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. Subscribe to the Payments Dive free daily newsletter Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. payments system. or its subsidiaries.

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PYMNTS

JUNE 10, 2020

TikTok , the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. EU authorities can fine companies for violations under the General Data Protection Regulation (GDPR). EU authorities can fine companies for violations under the General Data Protection Regulation (GDPR).

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PYMNTS

MARCH 6, 2019

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.

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PYMNTS

JANUARY 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. Other data privacy issues have been reported beyond that linkup. million paid by Google in 2012. billion.

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PYMNTS

JANUARY 17, 2019

Tim Cook, Apple’s chief executive who has emerged as a powerful privacy advocate, has called on the U.S. Federal Trade Commission (FTC) to put in place a new framework to increase the transparency of companies that handle user data. Subsequent data breaches at Facebook and Google have prompted Cook to call for the FTC action.

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PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. An FTC spokeswoman declined to comment. antitrust laws, sources told The Wall Street Journal. billion global users.

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FTC Federal Trade Commission Privacy Laws 64

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 FTC provided written testimony by FTC Chairwoman Edith Ramirez and Commissioners Maureen K. But the commission wants the common carrier exception to the FTC Act to be repealed.

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PYMNTS

JULY 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. 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.

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PYMNTS

MAY 1, 2017

To help button up its privacy offerings, Microsoft has made the decision to hire Julie Brill. As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010. She’ll also be responsible for important aspects of the company’s online safety work.”.

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PYMNTS

NOVEMBER 26, 2019

26) unveiled a far-reaching online privacy bill that levies tough new punishments for tech giants that mishandle users’ personal data. The Consumer Online Privacy Rights Act (COPRA) would protect online users’ right to privacy and prohibit companies from concealing what is done with users’ personal information.

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PYMNTS

MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By Facebook has been in the spotlight for its own problems with policing content and privacy for its users. Landry said.

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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. Facebook is in talks with the FTC to settle a lawsuit stemming from its scandal with Cambridge Analytica.

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FTC Federal Trade Commission Settlement Privacy 49

PYMNTS

JUNE 12, 2019

The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). The FTC is investigating whether it indeed did so.

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PYMNTS

AUGUST 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The FTC often issues reports following these workshops,” Facebook Privacy and Public Policy Manager Bijan Madhani told the newswire. “I

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FTC Federal Trade Commission Laws Privacy 56

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). Facebook will create a new board committee that will solely exist to focus on privacy, as part of the settlement. .

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FTC Federal Trade Commission Privacy Settlement 46

PYMNTS

FEBRUARY 18, 2019

Facebook , which has been under fire for months over data scandals, expressed openness to new regulation. According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” million to the FTC to settle an inquiry into how it handles data.

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Regulations Federal Trade Commission FTC Privacy 53

PYMNTS

AUGUST 2, 2019

Regulators’ influence over non-banks is limited, and banks are left to vet their own vendors. Bank regulations hadn’t “sufficiently modernized to accommodate cloud and other innovative technologies,” according to a U.S. Treasury report last year, the WSJ said. Efforts from lawmakers in the U.S.

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PYMNTS

JUNE 2, 2019

Amazon could be on tap to receive more antitrust scrutiny under an agreement by regulators in the U.S. According to a report in The Washington Post citing people familiar with the matter, under the agreement the Federal Trade Commission more closely regulates the eCommerce giant. isn’t the only country potentially going after Amazon.

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PYMNTS

FEBRUARY 28, 2019

The regulator is stepping up an investigation after the report showed the apps sent data like body weight and menstrual cycles. Cuomo said the sharing of data was “an outrageous abuse of privacy,” and that federal regulators should join the investigation and “help us put an end to this practice.”.

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PYMNTS

NOVEMBER 30, 2017

Privacy regulators of the European Union said Wednesday (Nov. According to a news report in Reuters , European data protection authorities said regulators from France, Italy, Spain, Belgium, the U.K. But it’s not just European regulators who want answers from Uber. Meanwhile, regulators in the U.K.,

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PYMNTS

DECEMBER 21, 2020

And that businesses operating in Europe can freely and fairly compete online just as they do offline,” top EC regulator Margrethe Vestager said in an announcement. Facebook to Migrate UK Users to California Privacy Agreement Due to Brexit. Facebook Ad Criticizes Apple Over Privacy Changes. Facebook will transition its U.K.

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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 anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices.

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PYMNTS

JUNE 16, 2017

Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Google settled with the FTC in 2012 for undisclosed data tracking in the Safari web browser for $22.5

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PYMNTS

AUGUST 20, 2019

Federal Trade Commission ( FTC ) Chairman Joseph Simons said that if Facebook has plans to merge Instagram and WhatsApp more closely into its ecosphere, it could be harder to break the tech giant up, if it comes to that, according to a report by Reuters. . The Houseparty platform draws youth under 24 and features group video chat.

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FTC Federal Trade Commission Privacy Regulations 43

PYMNTS

MAY 24, 2019

With a reported split between the Democrats and Republicans on the Federal Trade Commission (FTC), an anticipated settlement between Facebook and federal regulators related to privacy issues has been delayed. They added that Mark Zuckerberg should be held personally responsible for the lack of data privacy for the site’s users.

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Settlement FTC Federal Trade Commission Privacy 55

PYMNTS

MAY 9, 2019

In a New York Times op-ed on Thursday (May 9), Hughes said it is time for the government to hold Facebook CEO Zuckerberg accountable, arguing that an impending $5 billion fine by the Federal Trade Commission (FTC) isn’t enough punishment for the company. Nor is the idea of appointing a privacy executive to oversee how it handles data.

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PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Problems With India’s Privacy Law. We continue to work closely with the regulator towards this.”. Some major U.S.

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PYMNTS

AUGUST 7, 2018

technology companies, anticipating that they will face increased regulation in how they handle consumers’ data, are working with policymakers to potentially shape the new legislation that’s expected to come from the federal government. The new U.S. Meanwhile, Google declined to comment.

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PYMNTS

JULY 13, 2018

She noted that FTC has brought more than 30 actions to enforce the FCRA against consumer reporting agencies, users of consumer reports, and furnishers of information to consumer reporting agencies.

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PYMNTS

NOVEMBER 19, 2019

Rosen said law enforcement could look into privacy, consumer protection and other areas throughout its investigations. As reported by Reuters, FTC Chair Joe Simons said the Technology Enforcement Division (known as TED for short) has been focusing its investigations into other companies. “We

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PYMNTS

APRIL 12, 2018

Consumer Watchdog has called on Congress to enact legislation that would protect consumers’ online privacy in the wake of Facebook’s data scandal. Facebook has a longtime record of violating privacy, making a show of apologizing, and then going forward to invade privacy again,” said John M.

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PYMNTS

SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. In July, it was announced that Facebook had reached a $5 billion settlement with the Federal Trade Commission (FTC) over privacy violations. Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again.

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PYMNTS

MARCH 25, 2016

To put it in terms of things, things are rocky when it comes to security, privacy and the Internet of Things (IoT). The creation of regulation and development guidelines, which have the potential to foster the creation of safer, more secure products, is a tall order. In many ways IoT is the Wild West of connected technology.

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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. The social media giant rejected the idea that WhatsApp and Instagram, two Facebook acquisitions, should be broken into separate companies.

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PYMNTS

JUNE 14, 2019

In the debate between breaking up Big Tech and homing in more on privacy regulation, some observers propose seeking a balance. Former Federal Trade Commission (FTC) Chairman and George Washington University Law School Professor William Kovacic believes there’s a “synthesis” between the two sides, but he thinks U.S.

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PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. 22), regulators in the U.K., According to a report in Fortune published Wednesday (Nov. Lawmakers in the U.S. Meanwhile, in the U.K.,

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