consumer protection

Senators Demand Answers From Venmo and Cash App on Fraud
Senators Demand Answers From Venmo and Cash App on Fraud
June 16, 2023  |  Security & Fraud

A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren...

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UK Cuts Tech Firms Slack on Online Content Fraud
UK Cuts Tech Firms Slack on Online Content Fraud
May 01, 2023  |  Security & Fraud

The U.K.’s new anti-fraud strategy reportedly places less burden on tech companies. As the Financial Times reported Monday (May 1), the British government is set to unveil...

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FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
April 12, 2023  |  Legal

Chargeback mitigation company Chargebacks911 has been sued by the Federal Trade Commission (FTC) and Florida. The lawsuit alleges that the company used unfair techniques on behalf of its clients...

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FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
March 15, 2023  |  Regulation

The Federal Trade Commission’s (FTC) multi-million case against Epic Games is winding down. The gaming company, maker of the massively-popular Fortnite, agreed to a settlement...

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UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
February 21, 2023  |  Regulation

A British regulator has told eMoney firms that they need to change some practices. Financial Conduct Authority (FCA) Director of Payment and Digital Assets Matthew...

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PayPal Backs Australia’s BNPL Regulation Plans
PayPal Backs Australia’s BNPL Regulation Plans
February 16, 2023  |  BNPL

PayPal has lent its support to Australia’s planned buy now, pay later (BNPL) regulations. In a letter released Thursday (Feb. 16) as part of a government inquiry into...

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Younger Adults 34% More Likely to Lose Money to Fraud 
Younger Adults 34% More Likely to Lose Money to Fraud 
December 08, 2022  |  Security & Fraud

Younger people are more likely than older adults to report losing money to fraud. The Federal Trade Commission (FTC) reported Thursday (Dec. 8) in a...

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Cracks Appear in Regulation as EU Delays MiCA
Cracks Appear in Regulation as EU Delays MiCA
November 10, 2022  |  Cryptocurrency

What a difference a week makes. It was only on Nov. 2 that Coindesk exposed the ties between FTX and Alameda Research, the crypto exchange...

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Calif. Privacy Law Marks Sea Change for Retailers’ eCommerce Strategies
Calif. Privacy Law Marks Sea Change for Retailers’ eCommerce Strategies
September 27, 2022  |  Retail

Two years in, and data privacy’s seismic shift — with California at its epicenter — may upend the way retailers close the deal. As noted...

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