Segpay

JULY 23, 2024

A negative option can also occur after a trial period, in which sellers automatically begin charging a fee or a higher fee unless consumers affirmatively cancel or return the goods or services. Obtain a consumer’s express informed consent before charging the consumer’s account; the offer cannot be pre-checked.

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NOVEMBER 18, 2020

The Federal Trade Commission (FTC) has alleged that the mobile banking app Beam Financial has misled customers about quick transfers of funds, a press release says, with some customers receiving funds late or not at all.

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MAY 21, 2020

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit card data.

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JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. District Court for the Western District of Texas.

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JULY 21, 2020

The Federal Trade Commission (FTC) testified before the Senate Commerce Subcommittee on Manufacturing, Trade and Consumer Protection on Tuesday (July 21), detailing its efforts to combat coronavirus-related fraud, including sending warning letters and trying to educate customers on how to spot a scam, according to a press release.

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FEBRUARY 11, 2020

A Federal Trade Commission (FTC) investigation into the biggest five tech companies in the U.S. This initiative will enable the commission to take a closer look at acquisitions in this important sector, and also to evaluate whether the federal agencies are getting adequate notice of transactions that might harm competition.

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APRIL 22, 2020

“Working alongside our law enforcement partners and the private industry, the Civil Division’s Consumer Protection Branch is taking action against all manner of COVID-19 consumer scams,” said Assistant Attorney General Jody Hunt in a statement.

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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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APRIL 15, 2019

The Federal Trade Commission announced on Monday (April 15) a $3.85 The FTC clarified in a further post : “The company also claimed that people could pay their loans off early without penalty, but some consumers reported receiving the run-around.

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OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over.

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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). The FTC said it will use the money to provide refunds to consumers allegedly harmed in the case.

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MARCH 10, 2016

The Federal Trade Commission said on Wednesday (March 9) that it requested, and a federal district court granted, bans on seven people, Ideal Financial Solutions and that company’s subsidiaries from collecting or disclosing consumer information.

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NOVEMBER 30, 2020

Earlier this month, Joe Simons , chairman of the Federal Trade Commission, said when big companies acquire startups, that is a red flag signaling possible anti-competitive practices. . Kustomer said its platform will help retailers on Shopify automate 40 percent of interactions. Elizabeth Warren and Rep.

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MARCH 29, 2019

Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google ’s position in the technology space. It’s common for states to work with federal agencies including the FTC and Justice Department when looking into potential misdeeds. Landry said.

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APRIL 12, 2018

Consumer Watchdog has called on Congress to enact legislation that would protect consumers’ online privacy in the wake of Facebook’s data scandal. Simpson, Consumer Watchdog’s privacy and technology project director. It would also give enforcement authority to the Federal Trade Commission (FTC).

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SEPTEMBER 27, 2016

The Federal Trade Commission wants changes to the FTC Act that would allow it to provide better protection to consumers and increase competition. The testimony estimated that the agency has saved consumers over $3.4 But the commission wants the common carrier exception to the FTC Act to be repealed.

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MAY 28, 2019

The Federal Trade Commission has launched an investigation into the merchant cash advance industry just days after FTC Commissioner Rohit Chopra called on the watchdog to tackle unfair small business lending practices.

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MARCH 17, 2016

Facing charges that it deceived consumers with paid ads that were presented as objective articles, Lord & Taylor has opted to settle with the Federal Trade Commission (FTC). “Consumers have the right to know when they’re looking at paid advertising.”

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MARCH 6, 2019

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.

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SEPTEMBER 24, 2019

The Federal Trade Commission (FTC) revealed details about its recent testimony before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights. Hoffman added that the commission has held its own hearings on competition and consumer protection topics over the last year.

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MARCH 2, 2018

But when seniors do become financial victims, they typically take a bigger hit than millennials do, the Federal Trade Commission (FTC) said in a press release. Overall, the FTC is seeing that consumers are losing more money due to fraud in 2017 than 2016.

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NOVEMBER 10, 2019

Against a backdrop of comprehensive inquiries, the DOJ and the Federal Trade Commission (FTC) are being criticized by lawmakers for debating which agency should probe which tech company. The membership roster for the CCIA includes Amazon, Facebook and Google, among others.

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APRIL 25, 2018

Bloomberg reported the Federal Trade Commission (FTC) contends the company’s behavior violated federal laws that protect consumers from deceptive and unfair practices. Stopping this kind of conduct will help consumers make informed choices about loan offers.”. “In

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SEPTEMBER 28, 2016

The Federal Trade Commission announced on Tuesday (Sept. It’s our goal whenever possible to put money back in the hands of hardworking American consumers who have been victimized,” said Jessica Rich, director of the Bureau of Consumer Protection, in a press release announcing the payout. “We

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DECEMBER 28, 2018

The Federal Trade Commission, which was conducting a probe into Facebook and its practices, will be forced to shutter the investigation due to the government shutdown, according to a report by The Washington Post. The commission’s budget ran out on Friday (Dec.

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NOVEMBER 18, 2016

17) of a new tax bill scam in which unwitting consumers receive a fake IRS notice that contends they owe the government money because of the Affordable Care Act. consumers of a new, nationwide IRS impersonation scam occurring during last year’s tax season. The Internal Revenue Service warned Thursday (Nov.

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FEBRUARY 10, 2017

The Federal Trade Commission had a busy year in 2016, surveying consumers about buying and financing car purchases, issuing a report aimed at helping businesses harness the power of Big Data without discriminating and also taking a hard look at the FinTech market and its implications for consumers.

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MARCH 31, 2019

Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google ’s position in the technology space. At Google, he pointed to its role in online ads as an antitrust and consumer protection concern. In other Facebook news , the U.S. Landry said.

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SEPTEMBER 3, 2019

“As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”. Google said it works to provide choices for consumers. There was also a July meeting with AGs from eight states with U.S. Attorney General William Barr to discuss Big Tech’s ramifications.

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SEPTEMBER 3, 2019

“As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”. Google said it works to provide choices for consumers. There was also a July meeting with AGs from eight states with U.S. Attorney General William Barr to discuss Big Tech’s ramifications.

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SEPTEMBER 9, 2019

A separate investigation by the Federal Trade Commission (FTC) is already underway. As attorneys general, we need to evaluate and address specific conduct, utilizing our existing antitrust and consumer protection laws.”. “We will continue to share information [with the other states and D.C.]

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NOVEMBER 19, 2019

Rosen said law enforcement could look into privacy, consumer protection and other areas throughout its investigations. The Times said the remarks were the deputy AG’s “most significant” on the ongoing probes into the competitive practices of the companies that have reach across commerce, social media, news and advertising.

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DECEMBER 1, 2016

The Federal Trade Commission shut down a data broker operation that allegedly cheated consumers out of $7.1 Scammers used consumer information they bought from this operation to make millions in unauthorized charges,” said Jessica Rich, director of the FTC’s Bureau of Consumer Protection.

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MARCH 7, 2019

Federal Trade Commission , via Bureau of Consumer Protection Director Andrew Smith, said the federal agency “has settled or litigated more than 60 law enforcement actions against businesses that allegedly failed to take reasonable precautions to protect consumers’ data.

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MAY 26, 2017

The Federal Trade Commission announced Thursday (May 25) it charged the operators of a phony student loan debt relief and credit repair scheme with stealing millions of dollars from consumers by falsely promising to reduce or eliminate their student loan debt and offering them non-existent credit repair services.

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JUNE 6, 2016

Just about everybody is waiting for the Internet of Things to really make its mark on the world, but before that happens, the Federal Trade Commission wants to have its say on the future growth of this inherently transformative technology.

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MARCH 18, 2016

The Federal Trade Commission issued warning letters to 12 app developers that have installed software that can monitor the microphones that are part of devices. This software is known as SilverPush, and it monitors consumer television viewing habits by using “audio beacons” from TVs.

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