PYMNTS

FEBRUARY 18, 2019

We are open to meaningful regulation and support the committee’s recommendation for electoral law reform,” Reuters quoted Palant as saying. An exact amount hadn’t been agreed upon as of last week, but the fine is expected to be the largest to ever be imposed by the FTC on a technology company. Google in 2012 paid $22.5

Regulations 53

Regulations Federal Trade Commission FTC Privacy 53

PYMNTS

APRIL 24, 2019

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 FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement. million Google paid to settle a consumer data probe in 2012.

Privacy 43

Privacy FTC Federal Trade Commission Payments 43

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. Enforcement of GDPR laws will fall to the Data Protection Authorities (DPAs) across the EU. Among the most significant GDPR components is the need for enhanced authentication.

Rules 47

Rules Authentication Breach Compliance 47

PYMNTS

OCTOBER 1, 2018

Earlier this year, LendingClub saw its stock price hit record lows when news broke that the firm was being sued by the FTC for reportedly charging consumers with hidden fees and, in some cases, double-withdrawing payments from consumer accounts. At that point, the board opened a further internal investigation with the aid of a law firm.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

DECEMBER 14, 2020

An Amazon representative said, per the report, “We continuously update our privacy practices to ensure that we meet the evolving needs and expectations of customers and regulators and fully comply with all applicable laws in every country in which we operate.”. FTC, 46 States Start Large Antitrust Suit Against Facebook.

Federal Trade Commission 52

Federal Trade Commission FTC Compliance Regulations 52

PYMNTS

MARCH 21, 2018

around blockchain, including the latest from the Federal Trade Commission (FTC) and Congress. The FTC published a blog post this week announcing the formation of its Blockchain Working Group, an initiative to address cryptocurrency-related security issues. Several areas of the U.S.

Governance 49

Governance Government Blockchain Federal Trade Commission 49

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. This partnership has drawn some complaints from Democrats, who argue the CFPB needs to act independently from the FTC.

CFPB 48

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