FTC

MoneyGram Shares Slammed On Revenue Slide Amid Compliance Efforts
MoneyGram Shares Slammed On Revenue Slide Amid Compliance Efforts
November 09, 2018  |  Earnings

MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of...

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MoneyGram Settles With FTC For $125M
MoneyGram Settles With FTC For $125M
November 08, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to...

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Experts May Overestimate SMBs’ Understanding Of Cyber Threats
Experts May Overestimate SMBs’ Understanding Of Cyber Threats
October 30, 2018  |  B2B Payments

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Federal Trade Commission (FTC) the latest to place emphasis on the importance of safeguarding...

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SoFi Settles With FTC Over Claims Of Deceptive Advertising
SoFi Settles With FTC Over Claims Of Deceptive Advertising
October 30, 2018  |  Legal

The Federal Trade Commission (FTC) announced that online student loan refinancer Social Finance (SoFi) has agreed to stop misrepresenting how much money it can save...

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Fraudsters Prize Payment Via iTunes, Walmart Gift Cards
Fraudsters Prize Payment Via iTunes, Walmart Gift Cards
October 17, 2018  |  Security & Fraud

A new report from the Federal Trade Commission (FTC) says that fraudsters are increasingly requesting to be paid with gift cards, with some even asking...

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Analysis Claims $88.6M Laundered Via Crypto Exchanges
Analysis Claims $88.6M Laundered Via Crypto Exchanges
September 28, 2018  |  Cryptocurrency

For years, law enforcement has feared that bitcoin could make money laundering easier. And now, in a new analysis of 2,500 suspected crypto crimes that made...

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FTC, DOJ Refund $1.2M To Consumers Hurt In AMG Payday Lending Scam
FTC, DOJ Refund $1.2M To Consumers Hurt In AMG Payday Lending Scam
September 27, 2018  |  Security & Fraud

The Federal Trade Commission (FTC), working in conjunction with the U.S. Department of Justice, announced on Thursday (Sept. 27) that it is mailing 1,179,803 refund...

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Fake ID Docs Sold On Websites Targeted By Feds
Fake ID Docs Sold On Websites Targeted By Feds
September 19, 2018  |  Fraud Prevention

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC)...

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Post-Netspend Agreement, FTC Mails Off $10M To Consumers
Post-Netspend Agreement, FTC Mails Off $10M To Consumers
September 18, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) announced that it is sending out more than 430,000 checks totaling more than $10 million to those impacted by Netspend’s...

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