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

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

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.

Regulations 40

Regulations Consumer Federal Trade Commission Privacy 40

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.

Federal Trade Commission 40

Federal Trade Commission FTC Privacy Addressing 40

PYMNTS

OCTOBER 18, 2019

Facebook started the facial recognition technology in 2011, when it would ask users to identify if people tagged in photos were friends they knew. It has objected to the class classification of the case, argued about the definitions of words, and lobbied against the Biometric Information Privacy Act.

Federal Trade Commission 43

Federal Trade Commission FTC Privacy Settlement 43

PYMNTS

MARCH 14, 2019

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. Privacy advocates contend it does. It’s expected to be a multibillion-dollar fine that would be the largest ever instituted by a regulator, noted the report.

Agreements 49

Agreements Federal Trade Commission FTC Privacy 49

PYMNTS

MAY 6, 2019

They acknowledge that the timing for this launch isn’t ideal, since it’s happening at the same time the company is being excoriated for data and privacy violations. And despite the data and privacy scandals, their user base still shows growth. Go find your billion dollars elsewhere, they say. billion of which came from the U.S.

Online and Mobile Banking 83

Online and Mobile Banking PayPal Innovation Blockchain 83

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.

FTC 49

FTC Federal Trade Commission Settlement Privacy 49

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 FTC should use all of its power to prevent this from ever happening again.”.

FTC 46

FTC Federal Trade Commission Data Breach Privacy 46

PYMNTS

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 46

FTC Federal Trade Commission Request for Comment Data Breach 46

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.

Federal Trade Commission 44

Federal Trade Commission Consumer FTC Privacy 44

PYMNTS

JUNE 18, 2019

That means that 69 percent of the world’s population now has a bank account or something similar, up from 62 percent in 2014 and 51 percent in 2011. Between 2014 and 2017, the report says that 515 million people gained access to an account at a bank, a mobile money account with a telco or other third party.

Payments 98

Payments Cross-Border Online and Mobile Banking Financial Inclusion 98

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. .

FTC 46

FTC Federal Trade Commission Privacy Settlement 46

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.

FTC 40

FTC Federal Trade Commission Privacy Compliance 40