PYMNTS

DECEMBER 6, 2019

The Federal Trade Commission (FTC) found on Friday (Dec. The FTC also found that the firm lied about how it was participating in the Privacy Shield framework between the EU and the U.S., The FTC also found that the firm lied about how it was participating in the Privacy Shield framework between the EU and the U.S.,

FTC 52

FTC Federal Trade Commission Participant Privacy 52

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. This announcement came separately on Thursday. and Canada. “The

FTC 64

FTC Settlement Federal Trade Commission Fraud Prevention 64

PYMNTS

FEBRUARY 27, 2019

Federal Trade Commission (FTC), which was pretty busy this week on issues related to digital commerce and payments. The FTC said it brought forward “its first case challenging a marketer’s use of fake paid reviews on an independent retail website.”. FTC Penalty. The case involves “Cure Encapsulations, Inc. Power of Reviews.

FTC 43

FTC Federal Trade Commission Product Blocks 43

PYMNTS

JANUARY 11, 2017

Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. The FTC ordered Valeant to divest Paragon in order to settle those charges.

Federal Trade Commission 40

Federal Trade Commission FTC Legal Origination 40

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Those effects, however, were short-lived.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

MAY 23, 2016

2012 with the intention of creating a mobile-only, merchant-owned payments scheme that ran over ACH rails. 2013 that MCX was doomed from the start and would ultimately be more expensive to support than the members originally anticipated. MCX’s owner-members remain committed to our future.” Durbin was writing last week.

EMV 43

EMV Mobile Payments Push-to-Card Chip Cards 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. In addition to Zuckerberg’s grilling on Capitol Hill , the Federal Trade Commission (FTC) also recently launched an investigation into Facebook. The Need for Greater GDPR Compliance.

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Rules Authentication Breach Compliance 47