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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FTC Federal Trade Commission Scams Consumer 56

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. But beyond the financial settlement, the settlement also mandates that Facebook change the ay it addresses privacy issues.

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FTC Privacy Federal Trade Commission Settlement 43

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. The FTC is investigating whether it indeed did so.

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Privacy FTC Federal Trade Commission Settlement 53

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. But beyond the financial settlement, the settlement also mandates that Facebook change the way it addresses privacy issues.

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FTC Privacy Federal Trade Commission Settlement 43

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). First Data will pay some $40 million of the settlement, while Ko will cover about $270,000.

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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. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement.

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Privacy FTC Federal Trade Commission Payments 43

PYMNTS

NOVEMBER 8, 2018

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to anti-money laundering (AML) controls. The investigation leading up to that settlement stretched from 2003 to 2009 and focused on agents in the U.S.

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