FTC

Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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FTC Takes Walmart to Court Over Money Transfer Fraud Allegations
FTC Takes Walmart to Court Over Money Transfer Fraud Allegations
June 28, 2022  |  Legal

The Federal Trade Commission has sued Walmart alleging that its money transfer services were corrupted by fraudsters — which reportedly resulted in customers being “fleeced...

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Lawmakers Ask FTC to Probe Apple, Google Data Tracking
Lawmakers Ask FTC to Probe Apple, Google Data Tracking
June 24, 2022  |  Big Data

A group of Democratic lawmakers wants the Federal Trade Commission to investigate Apple and Google, saying the two tech giants secretly allow the collection and...

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TechReg Weekly US: CFPB Eyes Credit Card Late Fee Rules; Data Privacy Bills Advance in Congress 
TechReg Weekly US: CFPB Eyes Credit Card Late Fee Rules; Data Privacy Bills Advance in...
June 24, 2022  |  Technology

This week, U.S. lawmakers have proposed new legislation seeking to increase customers’ control over their financial data. A new data privacy bill has also overcome...

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Today in Data: AI, Metaverse in Play as Tech Packs a Punch in Payments
Today in Data: AI, Metaverse in Play as Tech Packs a Punch in Payments
June 23, 2022  |  Today In Data

Today in data, Microsoft is limiting its use of facial-recognition software. Also, the Federal Trade Commission tells Congress that artificial intelligence shouldn’t be relied on...

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FTC Sending $9.7M to Yellowstone Capital Victims
FTC Sending $9.7M to Yellowstone Capital Victims
June 21, 2022  |  Security & Fraud

The U.S. Federal Trade Commission announced Tuesday (June 21) that it is sending 7,731 checks totaling more than $9.7 million to small businesses hurt by...

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CFPB Could Help FTC Get Back Consumer Enforcement Tool
CFPB Could Help FTC Get Back Consumer Enforcement Tool
June 06, 2022  |  CFPB

The Federal Trade Commission (FTC) on Friday (June 3) released on its annual report to the Consumer Financial Protection Bureau (CFPB) on its enforcement and...

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FTC Refunds $542K to Consumers Scammed by Digital Income System
FTC Refunds $542K to Consumers Scammed by Digital Income System
June 01, 2022  |  Security & Fraud

The Federal Trade Commission will send 1,064 checks totaling over $542,000 to consumers harmed by a fake investment scheme, an agency press release said Wednesday...

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FTC: Financial Education Services Ran $213M Pyramid Scheme
FTC: Financial Education Services Ran $213M Pyramid Scheme
June 01, 2022  |  Security & Fraud

The Federal Trade Commission (FTC) has acted against credit repair company Financial Education Services, accusing it of running a $213 million pyramid scheme, according to...

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