PYMNTS

JUNE 16, 2017

Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Google settled with the FTC in 2012 for undisclosed data tracking in the Safari web browser for $22.5

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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. That’s a question that wasn’t considered when the FTC chose not to oppose the Instagram and WhatsApp deals, he said, according to WSJ.

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Federal Trade Commission FTC Request for Comment Laws 116

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.

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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

NOVEMBER 18, 2019

As politicians and regulators up their pressure on so-called Big Tech in the U.S., Federal Trade Commission (FTC) said he’d be willing to break up Big Tech companies if necessary, according to Bloomberg. In 2012, Facebook bought Instagram, then bought messaging service WhatsApp in 2014, and the FTC approved both acquisitions.

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Addressing FTC Federal Trade Commission Request for Information 40

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.

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PYMNTS

JULY 15, 2019

All of those things might help to explain why, despite The Wall Street Journal ’s reporting on Friday (July 12) that the FTC had reached an agreement to fine Facebook $5 billion, the company’s stock closed at $204.87, up $3.84 (1.81 This news comes from “persons familiar with the matter,” and neither the FTC nor Facebook have commented.

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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 We don’t need more regulation.

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Regulations CFPB Database Consumer Financial Protection Bureau (CFPB) 81

PYMNTS

APRIL 30, 2018

During the exchange, lawmakers raised the specter of regulating Facebook — which boasts more than 2.2 similar regulations are already being put to the test in other regions around the world. That effort kicked off in 2012, when the European Commission first began taking steps to advance data protections in the EU.

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PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. FTC, 46 States Start Large Antitrust Suit Against Facebook.

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Federal Trade Commission FTC Compliance Regulations 52

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. Those effects, however, were short-lived. lending marketplace.

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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. In the U.S.,

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Governance Government Blockchain Federal Trade Commission 49

PYMNTS

MAY 6, 2019

It shut down in 2012, 15 months after its official launch. And, in light of that, anything that even remotely smacks of crypto could seem a little tone-deaf, especially to the regulators, since no one but people in the Valley really get its value. But not their money. Go find your billion dollars elsewhere, they say.

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Online and Mobile Banking PayPal Innovation Blockchain 83

PYMNTS

DECEMBER 7, 2020

Federal and state antitrust regulators could file lawsuits against Facebook very soon, Bloomberg reported on Monday (Dec. 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.

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Federal Trade Commission FTC Acquirers Privacy 84

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. Mulvaney has even publicly noted in a January editorial the CFPB’s days of pushing the envelope when it comes to financial regulation are over.

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