PYMNTS

NOVEMBER 19, 2020

Facebook could soon be staring down a lawsuit as the Federal Trade Commission and numerous states attorneys general finish up one or more antitrust cases against the social media giant, Reuters reports.

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Federal Trade Commission FTC Privacy Laws 92

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. The document was prepared by Facebook staff based on work it commissioned from lawyers at Sidley Austin, a Chicago-based law firm, and reviewed by WSJ.

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Federal Trade Commission FTC Request for Comment Laws 116

PYMNTS

DECEMBER 9, 2020

The Federal Trade Commission (FTC) and 48 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. The FTC is seeking an injunction in federal court that could require divestitures of assets, including Instagram and WhatsApp.

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FTC Federal Trade Commission API Government 102

PYMNTS

MAY 8, 2019

Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat predatory SMB loan contracts, reports in Bloomberg said on Wednesday (May 8). Chopra spoke at an agency forum in Washington, D.C.,

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FTC Federal Trade Commission Small Business Regulations 60

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 Federal Trade Commission ISOs Credit Cards 66

PYMNTS

JUNE 18, 2019

The legislative proposal would limit lenders’ ability to include confessions of judgment to out-of-state debtors in their contracts, a controversial legal instrument that requires borrowers to agree to bypass traditional court proceedings and accept liability to damages. “These guys are ruthless and relentless.”

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Federal Trade Commission FTC Small Business Legal 47

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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Rules Authentication Breach Compliance 47