PYMNTS

APRIL 26, 2019

In reporting its quarterly earnings this week, Facebook said it could face a fine of between $3 billion and $5 billion from the Federal Trade Commission (FTC) over how it handles customers data. The one-time fine stems from the agency’s investigation into Facebook’s privacy practices.

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Federal Trade Commission FTC Privacy Addressing 40

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. Gift Cards’ New Unfavorable Fans. locations at its peak. Some major U.S.

Laws 53

Laws Privacy FTC Push-to-Card 53

PYMNTS

JULY 13, 2018

The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. FCRA enforcement continues to be a top priority for the Commission.

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FTC Law Enforcement Federal Trade Commission Procedures 41

PYMNTS

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 51

FTC Federal Trade Commission Privacy Agreements 51

PYMNTS

MARCH 14, 2019

The Federal Trade Commission and Securities and Exchange Commission are scrutinizing Facebook, as is the Department of Justice’s securities fraud unit. The sharing agreements with technology companies are now being included in the FTC’s investigation over whether or not Facebook violated a 2011 consent agreement.

Agreements 49

Agreements Federal Trade Commission FTC Privacy 49

PYMNTS

JUNE 9, 2019

The increased in lobbying began in 2011 and 2012 amid challenges from the Federal Trade Commission. Spending by the tech companies is going to lobbying varying issues including competition and privacy. The report noted Amazon and Facebook also set records in terms of spending on lobbying last year.

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Federal Trade Commission Blocks Regulations Privacy 46

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. The question is if he should be personally liable for violations of an accord Facebook reached with the FTC in 2011.

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FTC Federal Trade Commission Settlement Privacy 49

PYMNTS

APRIL 6, 2018

Federal Trade Commission (FTC) over Facebook ’s use of facial recognition to tag photos. The groups contend the technology violates the privacy of the social media platform’s users, Reuters reported. A coalition of consumer groups are planning to file a complaint with the U.S.

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Federal Trade Commission Consumer FTC Privacy 44

PYMNTS

MARCH 20, 2018

Facebook , the social media giant embroiled in a new consumer data scandal, is being pursued by the Federal Trade Commission (FTC), the main agency for enforcing privacy policies. The allegations also highlight the limited rights Americans have to their data.

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FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

JANUARY 24, 2019

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private. The consent decree was inked in 2012.

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FTC Federal Trade Commission Request for Comment Data Breach 46

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

MARCH 20, 2018

Facebook’s stock tanked in trading Monday (March 20), erasing $36.7 billion in market valuation and hitting a low not seen in four years thanks to its latest privacy scandal, this time with Cambridge Analytica. With the social media giant facing severe backlash from regulators, politicians and consumer groups in both the U.K.

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Federal Trade Commission Privacy Database Audit 42

PYMNTS

APRIL 6, 2018

Facebook is defending its data sharing tool, saying it was in compliance with a 2011 privacy agreement with the Federal Trade Commission. According to Bloomberg , the FTC is investigating whether Facebook violated the 2011 law that requires the company to get consent from users before sharing information.

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FTC Federal Trade Commission Privacy Compliance 40