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FTC: Facebook Lied To Users About Authentication, Facial Recognition

PYMNTS

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.

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FTC: Fair Credit Reporting Act Still Top Priority

PYMNTS

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

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Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws

PYMNTS

In yet another addition to the “why we can’t have nice things” files, the Federal Trade Commission (FTC) released a report this week indicated that fraudsters love gifts cards to the extent that many are requesting them as a form of payment these days. Problems With India’s Privacy Law. Gift Cards’ New Unfavorable Fans.

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Google Could Be In Hot Water Again Over Location Tracking

PYMNTS

Google could be hit with a class-action lawsuit and calls for the Federal Trade Commission (FTC) to investigate its location tracking initiatives. That prompted an individual in San Diego to launch a lawsuit against Google , while activists are wondering if the practices violate the company’s 2011 agreement with the FTC.

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Unprecedented Facebook Data-Sharing Plan Takes Off After Privacy Delays 

PYMNTS

The Electronic Privacy Information Center said in a 2018 letter that the sharing violated Europe’s data-privacy law and Facebook’s obligations under its 2011 Federal Trade Commission (FTC) consent decree. . Some privacy advocates were against the project.

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Facebook Touts Payments and Privacy with Q1 Results

PYMNTS

The anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices. The federal agency has accused the social media platform of violating a privacy consent decree from 2011. So far, the largest fine the agency has imposed on a tech company was the $22.5

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How to Protect Your Children from Identity Fraud

FICO

In part, this is due to a change made in 2011 by the U.S. Freeze your child’s credit: Law requires credit bureaus to offer free credit freezes for adults and children under age 16. You also can file a complaint with the FTC , and call the Identity Theft Resource Center at 888-400-5530. What Can Banks Do?