Payments Dive

JULY 9, 2025

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Treasury

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JUNE 10, 2020

TikTok , the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. senators urged the Federal Trade Commission (FTC) to investigate allegations that TikTok violated a consent decree protecting children’s privacy, Dig.Watch reported.

Privacy

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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.

FTC

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AUGUST 13, 2020

When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. In June, Reuters reported the Federal Trade Commission (FTC) is conducting a preliminary inquiry of Google’s $1.1 Google and the FTC declined to comment.

Contactless Payments

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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.

FTC

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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Edith Ramirez and Commissioners Maureen K. But the commission wants the common carrier exception to the FTC Act to be repealed.

FTC

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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. This led to a security breach that compromised the data of approximately 2.1 This led to a security breach that compromised the data of approximately 2.1

FTC

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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.

FTC

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JULY 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. But beyond the financial settlement, the settlement also mandates that Facebook change the ay it addresses privacy issues.

FTC

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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. Talks are ongoing and details could change, but under the current discussions, Facebook would name a privacy executive that is approved by the federal government.

FTC

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JULY 24, 2019

In addition, they are required to delete or destroy any personal information collected from consumers via the GSRApp and any related work product that originated from the data,” according to a statement from the FTC. Presidential election. Despite its issues, Facebook has seen its user base grow, crossing the 1.5 billion mark to 1.56

FTC

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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. The new board committee will be added to the existing team.

FTC

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DECEMBER 12, 2019

Officials at the Federal Trade Commission (FTC) are considering the possibility of a preliminary injunction against Facebook over antitrust issues related to how the social media giant’s apps interact with each other, according to a report by The Wall Street Journal. The FTC action could happen as soon as next month.

FTC

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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

FTC

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FEBRUARY 11, 2020

A Federal Trade Commission (FTC) investigation into the biggest five tech companies in the U.S. The FTC is investigating Apple, Amazon, Facebook, Alphabet and Microsoft over antitrust implications, and it recently asked the companies to turn over information regarding takeovers of smaller companies between the years of 2010 and 2019.

FTC

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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.

Privacy

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MARCH 18, 2016

Consumers cannot actually hear these beacons, as the FTC noted in a release. But the software would then produce what the FTC said would amount to a “detailed log” of television viewing habits that could lead to targeted advertising.

FTC

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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.

FTC

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JANUARY 9, 2018

8, in the Federal Trade Commission’s first children’s privacy case involving connected toys, VTech Electronics Limited and its U.S. subsidiary agreed to settle charges filed by the FTC after the incident. VTech will pay $650,000 as part of the settlement, according to an FTC press release. So far, so good.

FTC

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MAY 12, 2020

The Federal Trade Commission may be looking into privacy concerns surrounding online video call software Zoom , Chairman Joseph Simons revealed. But an FTC probe would not necessarily result in any charges or fines toward the company.

FTC

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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.

Privacy

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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.

Privacy

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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.

FTC

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JANUARY 24, 2017

In a new report, the Federal Trade Commission (FTC) provided recommendations for the industry on how to support transparency and choice for consumers when using cross-device tracking technology. In its complaint, the FTC stated that the firm undermined phone carriers’ freedom of choice in regards to the collection of their location data.

FTC

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JANUARY 24, 2019

The FTC is about to complete an investigation into the data breach and whether Facebook violated a consent decree reached in 2011 and could levy Facebook with a sizeable fine, reported The Wall Street Journal. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private.

FTC

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SEPTEMBER 10, 2019

An open letter to Congress asking for a consumer data privacy law was signed by 51 CEOs across tech and other industries, CNBC reported on Tuesday (Sept. We are committed to protecting consumer privacy and want consumers to have confidence that companies treat their personal information responsibly. Thursday (Sept.

Privacy

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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.

FTC

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AUGUST 23, 2018

The safety and privacy of Venmo users and their information is always a top priority, and we do a number of things to keep our users informed and help them protect and control their privacy.”. The discussions are the result of growing concerns over the app’s privacy.

Venmo

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DECEMBER 24, 2019

In its ongoing attempts to fix its privacy standards, Facebook will no longer use phone numbers to determine who one sees on their “people you may know” list, according to Reuters. The move is an attempt by the company — which has been dogged by privacy scandals for years now — to correct misuses of peoples’ data.

Federal Trade Commission

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NOVEMBER 20, 2019

Apple CEO Tim Cook said that privacy is something that needs to be a factor throughout a product’s entire development process. You don’t bolt-on privacy,” Cook said at Salesforce’s Dreamforce conference on Tuesday (Nov, 19). You can see what happens when companies wake up one day and decide they’re going to do something privacy-wise.

Privacy

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FEBRUARY 19, 2019

The Federal Trade Commission ( FTC ) has received a complaint against Facebook that alleges the social media giant wrongfully disclosed information on members of closed groups. At least in some cases, this was done contrary to the specific privacy decisions made by Facebook users.”.

Federal Trade Commission

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NOVEMBER 30, 2017

Privacy regulators of the European Union said Wednesday (Nov. have called for congressional hearings and asked the Federal Trade Commission (FTC) to look into the latest scandal at the ride-sharing company. and Germany will all be part of the task force. But it’s not just European regulators who want answers from Uber.

Privacy

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JANUARY 9, 2018

8, in the Federal Trade Commission’s first children’s privacy case involving connected toys, VTech Electronics Limited and its U.S. subsidiary agreed to settle charges filed by the FTC after the incident, according to an FTC press release. The Office of the Privacy Commissioner of Canada collaborated with the FTC under the U.S.

Settlement

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MAY 29, 2019

” The new Alexa Privacy Hub also offers a single source of information on how Echo devices are designed and the controls customers have over Alexa ,Amazon said in the press release. It also states that Amazon violated federal laws that protect children’s privacy online, and urges the FTC to investigate.

Federal Trade Commission

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DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

FTC

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FEBRUARY 18, 2019

The comments from Palant come on the heels of reporting by The Wall Street Journal that the company could pay a multi-billion dollar fine to the Federal Trade Commission to settle an inquiry by the regulator into its privacy practices. million to the FTC to settle an inquiry into how it handles data. Google in 2012 paid $22.5

Regulations

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JUNE 3, 2019

Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the social media company over competition concerns. The new agreement between the DOJ and the FTC increases the potential for serious change.

Agreements