FTC

Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP Loans Have Been Canceled
Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP...
June 01, 2020  |  News

In today’s top news, China’s economy looks to be rebounding, and a minimum of $20 billion in PPP loans has been returned. Plus, lawmakers ask...

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Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
May 29, 2020  |  Delivery

After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at...

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FTC Charges Payday Lender With ‘Deceptively’ Overcharging Clients
FTC Charges Payday Lender With ‘Deceptively’ Overcharging Clients
May 22, 2020  |  Legal

After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending...

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FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
May 21, 2020  |  Security & Fraud

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...

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First Data And Exec To Pay $40M To Settle FTC Fraud Case
First Data And Exec To Pay $40M To Settle FTC Fraud Case
May 19, 2020  |  Legal

Payments processing giant First Data Merchant Services and one of its executives will pay $40.3 million to settle allegations that they laundered credit card transactions...

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Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
May 19, 2020  |  Commentary

The pandemic has forced many aspects of everyday life — for consumers, yes, but businesses too — to pause. Last month, the chairman of the...

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FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
May 18, 2020  |  Security & Fraud

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May...

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FTC To Probe What User Info Zoom Collects
FTC To Probe What User Info Zoom Collects
May 12, 2020  |  Safety and Security

The Federal Trade Commission may be looking into privacy concerns surrounding online video call software Zoom, Chairman Joseph Simons revealed. Zoom has seen massive increases...

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Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT To Track Relief Programs
Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT...
April 30, 2020  |  Bitcoin

Bitcoin blackmail scams are on the rise, according to the Federal Trade Commission (FTC). The scams are usually centered around emails claiming to have recorded...

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