PYMNTS

FEBRUARY 20, 2020

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. The bogus results were then used to compel customers to spend money on expensive and unnecessary tech services.

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PYMNTS

JULY 24, 2019

As reported on Wednesday, the Federal Trade Commission has said that it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data. . For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices.

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FTC Privacy Federal Trade Commission Settlement 43

PYMNTS

AUGUST 13, 2019

Federal Trade Commission (FTC) said he’d he’d be willing to break up tech companies if necessary, according to a report by Bloomberg. In 2012, Facebook bought Instagram, and in 2014 it bought messaging service WhatsApp, and the FTC approved both acquisitions. The chief of the U.S.

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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. .

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PYMNTS

JANUARY 6, 2020

The data scandal has, so far, cost Facebook $5 billion in a Federal Trade Commission (FTC) fine. Top executives even received blanket immunity for any known or unknown data violations from 2012 to 2018. .

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Federal Trade Commission Privacy FTC NOV 54

PYMNTS

MAY 19, 2020

million to settle allegations that they laundered credit card transactions for scams targeting hundreds of thousands of consumers, the Federal Trade Commission (FTC) said on Tuesday (May 19). Payments processing giant First Data Merchant Services and one of its executives will pay $40.3

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FTC ISOs Federal Trade Commission Credit Cards 66

PYMNTS

JUNE 12, 2019

The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). Facebook has been functioning under a consent decree it agreed to with the FCC in 2012, after a scandal with Cambridge Analytica regarding data privacy.

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PYMNTS

JULY 24, 2019

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

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FTC Privacy Federal Trade Commission Settlement 43

PYMNTS

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. Google in 2012 paid $22.5

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PYMNTS

JANUARY 18, 2019

Numerous sources citing The Washington Post said Friday that the Federal Trade Commission (FTC) is mulling the fine, which could be set at record levels. million paid by Google in 2012. Other data privacy issues have been reported beyond that linkup.

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PYMNTS

OCTOBER 28, 2019

Google is likely to say that these types of investigations never lead anywhere, and point to a Federal Trade Commission probe in 2013 that was settled. “We Hubbard worked at the New York AG’s office from 2005 to 2012. . But the political winds have shifted,” Hubbard said.

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PYMNTS

JUNE 9, 2019

The increased in lobbying began in 2011 and 2012 amid challenges from the Federal Trade Commission. The report noted Amazon and Facebook also set records in terms of spending on lobbying last year. In 2009 Google spent $4 million on lobbying, with that increasing fivefold in 2018. million in 2018.

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PYMNTS

NOVEMBER 8, 2018

The Federal Trade Commission (FTC) said on Thursday (Nov. According to the FTC , the company violated the settlement struck in 2012 that stemmed from charges that the company had aided and abetted wire fraud. The investigation leading up to that settlement stretched from 2003 to 2009 and focused on agents in the U.S.

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PYMNTS

JUNE 18, 2019

” The broader cash advance sector has secured more than 32,000 wins in New York courts via confessions of judgement since 2012, reports said. Federal Trade Commission (FTC) announced plans to examine the small business financing industry, and potential mistreatment of debtors. Earlier this year, the U.S.

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Federal Trade Commission FTC Small Business Finance 47

PYMNTS

JUNE 5, 2017

Hertz and Dollar Thrifty did it in 2012, and Hertz was required to sell its Advantage Rent-a-Car brand. Dollar Express obtained Federal Trade Commission approval to go out of business in April and is now liquidating its stores, leaving 3,000 employees without a job.

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Federal Trade Commission Laws Regulations 40

PYMNTS

JULY 27, 2016

The significant jump in complaints, also a record number for complaints submitted to the Federal Trade Commission, are predicted to worsen in the future. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015.

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PYMNTS

NOVEMBER 22, 2019

The index and the securities, the report said, are in turn tied to loans made in 2012. The Federal Trade Commission has said that several investigations are ongoing into Google, Amazon and Apple, where previously there had been announcements about probes into Facebook and Amazon.

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Credit Union Credit Union Service Organization Federal Trade Commission Push-to-Card 40

PYMNTS

JANUARY 11, 2017

The three brands that L’Oréal is buying are CeraVe, AcneFree and Ambi, which were each bought by Valeant between 2008 and 2012 for a total of about $150 million, according to estimates by Evercore ISI. As the parent company of Bausch + Lomb, Valeant was investigated by congressional panels, the Federal Trade Commission and the U.S.

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PYMNTS

NOVEMBER 18, 2019

The company said it answered queries for “subpoenas and requests for information,” and that the organizations were “investigating issues related to allegations asserted in our federal securities class action about our IPO disclosures.”. Facebook Concern. Earlier this year, Chairman Joe Simons of the U.S.

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PYMNTS

SEPTEMBER 19, 2017

2012 not to use third-party content such as images and reviews from parties that opted out, a practice known as “scraping.” The company is now demanding the Federal Trade Commission reopen that 2012 Google case “ immediately.”. Google agreed in Dec. Can I Get A Lyft?

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PYMNTS

FEBRUARY 27, 2019

Federal Trade Commission (FTC), which was pretty busy this week on issues related to digital commerce and payments. The Hassell Law Group represented Ava Bird in a 2012 personal injury case for three months. Now comes news of a groundbreaking case involving fake reviews. It comes from the U.S.

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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. million Google paid to settle a consumer data probe in 2012. Largest Fine. billion on average as of March 2019.

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PYMNTS

MAY 23, 2016

2012 with the intention of creating a mobile-only, merchant-owned payments scheme that ran over ACH rails. He also wrote the Federal Trade Commission (FTC) , requesting that the agency “examine how flaws and delays in the [EMV] certification process can be addressed.”. MCX’s owner-members remain committed to our future.”

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PYMNTS

APRIL 30, 2018

That effort kicked off in 2012, when the European Commission first began taking steps to advance data protections in the EU. Four years later, the Commission has reached an agreement on which rules to include in reforms and also how they will be enforced. The Need for Greater GDPR Compliance.

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PYMNTS

DECEMBER 14, 2020

The Federal Trade Commission (FTC) and 46 states rolled out a large antitrust lawsuit against Facebook on Dec. The agency was seeking an injunction in federal court that could mandate the divestitures of assets such as WhatsApp and Instagram. FTC, 46 States Start Large Antitrust Suit Against Facebook.

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PYMNTS

JULY 5, 2018

As reported by TwinCities.com , the Better Business Bureau (BBB) and Federal Trade Commission surveyed 1,200 small firms across the nation. That comes as redress as Candace Rispoli pleaded guilty to $800,000 in wire fraud, tied to embezzlement in a scheme that stretched back to 2012.

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PYMNTS

MARCH 21, 2018

around blockchain, including the latest from the Federal Trade Commission (FTC) and Congress. Reports in Cointelegraph said the Sierra Leone government has officially denied use of blockchain, noting it instead uses an in-house vote tally solution it created in 2012. Catch the latest blockchain headlines below.

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Governance Government Blockchain Federal Trade Commission 49

PYMNTS

SEPTEMBER 18, 2017

The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward. Since 2012, the CFPB’s consumer complaint database has collected 1.1 Senator Elizabeth Warren (D – Mass.)

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Regulations CFPB Database Consumer Financial Protection Bureau (CFPB) 81

PYMNTS

DECEMBER 7, 2020

Lawsuits could be filed this week on behalf of the Federal Trade Commission (FTC) and a group of state attorneys general led by New York Attorney General Letitia James , according to the sources. The upcoming lawsuits are expected to target Facebook’s reported antitrust violations.

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Federal Trade Commission FTC Acquirers Privacy 84

PYMNTS

FEBRUARY 15, 2019

Facebook is set to face a record-setting fine imposed by the Federal Trade Commission (FTC). million Google paid to settle a consumer data probe in 2012. Although they haven’t agreed on an exact amount, the fine is expected to be the largest the agency has ever imposed on a tech company.

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FTC Federal Trade Commission Privacy Settlement 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. The consent decree was inked in 2012. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private.

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FTC Federal Trade Commission Request for Comment Data Breach 46

PYMNTS

NOVEMBER 12, 2018

The Federal Trade Commission and MoneyGram have agreed to a $125 million penalty to settle a violation by MoneyGram of a six-year-old settlement tied to anti-money laundering (AML) controls. In 2012 the firm was accused of aiding and abetting wire fraud. MoneyGram And The FTC Settle. and Canada.

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PYMNTS

MARCH 27, 2018

Mortgages have dominated the top spot since the database itself launched in 2012 — which is unsurprising given the CFPB was created following a crisis in mortgage underwriting. Debt collectors managed to lose their No. 2 spot in 2017 when the credit reporting agencies (normally the No. 3 contender) secured the silver medal position.

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CFPB FTC Consumer Financial Protection Bureau (CFPB) Push-to-Card 48

PYMNTS

JANUARY 26, 2021

The report said lawmakers are trying to erect new limitations on companies attempting to buy up smaller rivals, like when Facebook bought Instagram in 2012. Federal Trade Commission (FTC) against Facebook, along with a separate one against Google.

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PYMNTS

OCTOBER 23, 2020

While the five commissioners of the Federal Trade Commission (FTC) debate if an antitrust lawsuit against Facebook should be pursued, FTC staffers are in favor of moving forward with the case, according to a Wall Street Journal report (WSJ) on Friday (Oct. 23), citing sources familiar with the matter.

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PYMNTS

JULY 12, 2019

The Federal Trade Commission and Facebook have reached a tentative decision to settle ongoing privacy issues with a $5 billion settlement, according to a report by The Wall Street Journal. million, which was levied against Google in 2012. Facebook has since had other privacy missteps.

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FTC Settlement Federal Trade Commission Privacy 46

PYMNTS

JULY 12, 2019

The Federal Trade Commission and Facebook have reached a tentative decision to settle ongoing privacy issues with a $5 billion settlement, according to a report by The Wall Street Journal. million, which was levied against Google in 2012. Facebook has since had other privacy missteps.

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FTC Settlement Federal Trade Commission Privacy 43