FTC

FTC Asks Congress To Restore Fraud Victim Compensation Authority
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021  |  Regulation

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to...

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Today In Payments: Crypto Takes $260 Billion Dive; Square Unveils New Inventory Management Features For Retailers
Today In Payments: Crypto Takes $260 Billion Dive; Square Unveils New Inventory Management Features For...
April 23, 2021  |  News

In today’s top news, bitcoin fell below $50,000 for the first time in weeks, and Square launched new inventory management tools for retailers. Plus, Vivid...

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Supreme Court Ruling Lessens FTC Options For Consumer Monetary Relief
Supreme Court Ruling Lessens FTC Options For Consumer Monetary Relief
April 22, 2021  |  Regulation

Under a new Supreme Court ruling, the Federal Trade Commission (FTC) will have much less authority to enable monetary relief for customers when companies are...

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Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
April 22, 2021  |  Legal

For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at...

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Facebook Moves To Dismiss Antitrust Lawsuits
Facebook Moves To Dismiss Antitrust Lawsuits
March 10, 2021  |  ANTITRUST

Facebook made its first legal move since the Federal Trade Commission (FTC) and 46 states filed lawsuits against it in December 2020, The Wall Street...

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FTC Tosses Payday Lender From Industry, Frees Debtors
FTC Tosses Payday Lender From Industry, Frees Debtors
February 12, 2021  |  Security & Fraud

An online payday lending scheme operating under several different names was banned from the industry and debts owed to it wiped from the books, the...

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FTC Sees Surge In Robinhood Complaints
FTC Sees Surge In Robinhood Complaints
February 05, 2021  |  Markets

The Federal Trade Commission said it received more than 100 Robinhood-related complaints between Jan. 24 and Feb. 2, CNBC reported on Friday (Feb. 5). The consumer...

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FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
February 04, 2021  |  Security & Fraud

The Federal Trade Commission (FTC) received more than 2.1 million fraud reports from consumers in 2020, according to new data released by the agency on...

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Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
January 18, 2021  |  News

In today’s top news, Biden is bringing in the FTC’s Rohit Chopra to lead the CFPB, and Jet.com Founder Marc Lore is retiring from Walmart....

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