PYMNTS

JUNE 12, 2019

The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). The FTC is investigating whether it indeed did so.

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Privacy FTC Federal Trade Commission Settlement 53

PYMNTS

JUNE 2, 2019

Amazon could be on tap to receive more antitrust scrutiny under an agreement by regulators in the U.S. According to a report in The Washington Post citing people familiar with the matter, under the agreement the Federal Trade Commission more closely regulates the eCommerce giant. isn’t the only country potentially going after Amazon.

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FTC Federal Trade Commission Agreements Authorization 46

PYMNTS

JANUARY 17, 2019

Tim Cook, Apple’s chief executive who has emerged as a powerful privacy advocate, has called on the U.S. Federal Trade Commission (FTC) to put in place a new framework to increase the transparency of companies that handle user data. Subsequent data breaches at Facebook and Google have prompted Cook to call for the FTC action.

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FTC Federal Trade Commission Consumer Data Breach 74

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 anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices.

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Privacy FTC Federal Trade Commission Payments 43

PYMNTS

NOVEMBER 30, 2017

Privacy regulators of the European Union said Wednesday (Nov. According to a news report in Reuters , European data protection authorities said regulators from France, Italy, Spain, Belgium, the U.K. But it’s not just European regulators who want answers from Uber. Meanwhile, regulators in the U.K.,

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Privacy Regulations Data Breach Federal Trade Commission 40

PYMNTS

AUGUST 20, 2019

Federal Trade Commission ( FTC ) Chairman Joseph Simons said that if Facebook has plans to merge Instagram and WhatsApp more closely into its ecosphere, it could be harder to break the tech giant up, if it comes to that, according to a report by Reuters. . The Houseparty platform draws youth under 24 and features group video chat.

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FTC Federal Trade Commission Privacy Regulations 43

PYMNTS

DECEMBER 21, 2020

And that businesses operating in Europe can freely and fairly compete online just as they do offline,” top EC regulator Margrethe Vestager said in an announcement. Facebook to Migrate UK Users to California Privacy Agreement Due to Brexit. Facebook Ad Criticizes Apple Over Privacy Changes. Facebook will transition its U.K.

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Privacy Agreements Federal Trade Commission Regs 57

PYMNTS

FEBRUARY 18, 2019

Facebook , which has been under fire for months over data scandals, expressed openness to new regulation. According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” million to the FTC to settle an inquiry into how it handles data.

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Regulations Federal Trade Commission FTC Privacy 53

PYMNTS

MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By Facebook has been in the spotlight for its own problems with policing content and privacy for its users. Landry said.

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Regulations Federal Trade Commission FTC Rules 60

PYMNTS

AUGUST 2, 2019

Regulators’ influence over non-banks is limited, and banks are left to vet their own vendors. Bank regulations hadn’t “sufficiently modernized to accommodate cloud and other innovative technologies,” according to a U.S. Treasury report last year, the WSJ said. Efforts from lawmakers in the U.S.

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Regulations Federal Reserve FTC Non-Bank 57

PYMNTS

MAY 9, 2019

In a New York Times op-ed on Thursday (May 9), Hughes said it is time for the government to hold Facebook CEO Zuckerberg accountable, arguing that an impending $5 billion fine by the Federal Trade Commission (FTC) isn’t enough punishment for the company. Nor is the idea of appointing a privacy executive to oversee how it handles data.

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FTC Federal Trade Commission Privacy Governance 43

PYMNTS

FEBRUARY 28, 2019

The regulator is stepping up an investigation after the report showed the apps sent data like body weight and menstrual cycles. Cuomo said the sharing of data was “an outrageous abuse of privacy,” and that federal regulators should join the investigation and “help us put an end to this practice.”.

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Regulations Federal Trade Commission Privacy FTC 51

PYMNTS

NOVEMBER 19, 2019

Rosen said law enforcement could look into privacy, consumer protection and other areas throughout its investigations. As reported by Reuters, FTC Chair Joe Simons said the Technology Enforcement Division (known as TED for short) has been focusing its investigations into other companies. “We

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FTC Federal Trade Commission Law Enforcement Privacy 40

PYMNTS

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 FTC provided written testimony by FTC Chairwoman Edith Ramirez and Commissioners Maureen K. But the commission wants the common carrier exception to the FTC Act to be repealed.

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FTC Federal Trade Commission Consumer Protection Settlement 63

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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FTC Privacy Wires Wire 40

PYMNTS

SEPTEMBER 18, 2019

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. In July, it was announced that Facebook had reached a $5 billion settlement with the Federal Trade Commission (FTC) over privacy violations. Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again.

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Regulations Federal Trade Commission FTC Privacy 40

PYMNTS

JULY 13, 2018

She noted that FTC has brought more than 30 actions to enforce the FCRA against consumer reporting agencies, users of consumer reports, and furnishers of information to consumer reporting agencies.

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FTC Law Enforcement Federal Trade Commission Procedures 41

PYMNTS

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. Facebook has a longtime record of violating privacy, making a show of apologizing, and then going forward to invade privacy again,” said John M.

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Regulations Consumer Federal Trade Commission Privacy 40

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Problems With India’s Privacy Law. We continue to work closely with the regulator towards this.”. Some major U.S.

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Laws Privacy FTC Push-to-Card 53

PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. 22), regulators in the U.K., According to a report in Fortune published Wednesday (Nov. Lawmakers in the U.S. Meanwhile, in the U.K.,

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Regulations Data Breach Federal Trade Commission Breach 40

PYMNTS

AUGUST 20, 2019

YouTube is proposing to stop advertisements that target videos watched by kids in a bid to satisfy both regulators and consumer groups. A spokesperson for YouTube declined to comment, as did the FTC. Once the regulator began investigating, the groups asked the FTC to force YouTube to move all kids’ videos to its YouTube Kids channel.

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FTC Federal Trade Commission Compromise Regulations 44

PYMNTS

MARCH 25, 2016

To put it in terms of things, things are rocky when it comes to security, privacy and the Internet of Things (IoT). The creation of regulation and development guidelines, which have the potential to foster the creation of safer, more secure products, is a tall order. In many ways IoT is the Wild West of connected technology.

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FTC Federal Trade Commission Encryption Privacy 40

PYMNTS

AUGUST 21, 2018

Google could be hit with a class-action lawsuit and calls for the Federal Trade Commission (FTC) to investigate its location tracking initiatives. That prompted an individual in San Diego to launch a lawsuit against Google , while activists are wondering if the practices violate the company’s 2011 agreement with the FTC.

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FTC Federal Trade Commission Privacy Agreements 40

PYMNTS

JANUARY 2, 2020

These financial institutions ( FIs) have recognized how this regulation has affected the EU financial ecosystem, and they have passed that familiarity onto the merchants and payment providers that work with them. Federal Trade Commission (FTC), among other changes. and Turkey. PSD2 itself is continuing to expand its reach as well.

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Privacy Federal Trade Commission Regulations Rules 52

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

JUNE 3, 2019

Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the social media company over competition concerns. The new agreement between the DOJ and the FTC increases the potential for serious change.

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Agreements FTC Federal Trade Commission Caps 43

PYMNTS

SEPTEMBER 19, 2019

Warner, the vice chairman of the Senate Intelligence Committee, has been vocal in his support of regulating Big Tech. In July, it was announced that Facebook had reached a $5 billion settlement with the Federal Trade Commission (FTC) over privacy violations. Mark Warner (D-Va.) said on Wednesday (Sept.

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Laws Federal Trade Commission FTC Privacy 47

PYMNTS

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. Delrahim also cautioned that there could be competition concerns by regulators over data collected by tech companies.

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Federal Trade Commission Laws FTC Privacy 40

PYMNTS

SEPTEMBER 9, 2019

A separate investigation by the Federal Trade Commission (FTC) is already underway. Facebook and the FTC reached a $5 billion settlement in July over issues concerning privacy. Regulators could even force the company to let go of profitable businesses like YouTube. “I

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Federal Trade Commission FTC Laws Participant 41

PYMNTS

NOVEMBER 27, 2018

“Dominant online platforms have more power to shape public opinion than newspapers or the television ever had, yet they face very little regulation or liability,” Rometty said. Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC).

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Federal Trade Commission Privacy FBI FTC 52

PYMNTS

SEPTEMBER 9, 2019

12), the House Judiciary Antitrust Subcommittee will hold a hearing on issues top of mind in the digital realm — touching on how data and privacy affect competition online, and specifically, for online marketplaces. We certainly would not want to regulate technology the same way we regulate municipal water.”.

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PYMNTS

JULY 24, 2019

billion fine from the European Commission on anti-competitive grounds, a hit that will continue to be a threat as legal bodies investigate and regulate Big Tech. s proposed “duty of care” rules too broad, ineffective in protecting privacy and a threat to freedom of speech. Alphabet’s earnings were also partially affected by a $1.7

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Federal Trade Commission Privacy FTC PayPal 43

PYMNTS

APRIL 11, 2016

Regulating such a fast growing market means some trial and error, however, will be par for the course. The agency itself is flexible in that it allows for the enforcement of ideas rather than just mandating adherence to a set of rules – and the regulator has been working with a few hundred companies over the past two years.

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Regulations FinTech Innovation Authorization 40

Segpay

OCTOBER 4, 2023

Compliance with Consumer Protection Laws: Affiliate marketers must adhere to various consumer protection laws and regulations, such as the Federal Trade Commission (FTC) guidelines in the United States. Adherence to Privacy Regulations: Affiliates often collect and handle customer data, which can raise privacy concerns.

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Security Due Diligence Compliance Payments 52

PYMNTS

AUGUST 12, 2019

Massive tech companies are coming under increased federal scrutiny and the Federal Trade Commission (FTC) recently launched a new antitrust investigation into Facebook, the paper said. Facebook was recently fined $5 billion by the FTC in a separate privacy case. The issue of acquisition is paramount to the FTC.

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Federal Trade Commission FTC Privacy Product 40

PYMNTS

JUNE 12, 2019

Delrahim said the antitrust division of the Justice Department looks for rising prices, lower quality, loss of privacy and collusion when looking to see if a company violated antitrust laws. Department of Justice joins other regulators in going after Google for anti-competitive behaviors.

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Federal Trade Commission Rules FTC Blocks 55

PYMNTS

MARCH 14, 2019

The sharing agreements with technology companies are now being included in the FTC’s investigation over whether or not Facebook violated a 2011 consent agreement. Privacy advocates contend it does. It’s expected to be a multibillion-dollar fine that would be the largest ever instituted by a regulator, noted the report.

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Agreements Federal Trade Commission FTC Privacy 49