Federal Trade Commission/page/2 news and trends

FTC Begins Refunding $2.5 Million in Credit Karma Deception Case
Regulation // October 31, 2024

The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. The FTC is sending checks and PayPal payments to 50,994 consumers, adding up to more than $2.5 million, according to a Thursday (Oct. 31) press release. The regulator took...

Trade Associations Sue to Block FTC ‘Click-to-Cancel’ Rule
Legal // October 23, 2024

Three trade associations filed a lawsuit Wednesday (Oct. 23), aiming to block the Federal Trade Commission’s (FTC) “click-to-cancel” rule. The suit claims that the rule exceeds the FTC’s authority and is not supported by evidence, Reuters reported Wednesday. The three plaintiffs are the NCTA —...

Subscription Economy Faces New Consumer Expectations, Regulatory Demands
Subscriptions // October 18, 2024

While Netflix raised membership prices in Japan, Italy, Spain, and parts of Europe, the Middle East and North Africa (EMEA), it faces an evolving subscription economy framed by consumer demand for transparency and control. This week’s ruling by the Federal Trade Commission introducing a “click-to-cancel”...

FTC Publishes Final Rule on Subscription and Membership Programs
Regulation // October 16, 2024

The Federal Trade Commission (FTC) announced a final rule that will require sellers to make it as easy for consumers to cancel their subscriptions, memberships and other recurring payment programs as it was to sign up. The “click-to-cancel” rule was approved and published after the...

Interviews & Exclusives
Rising Fraud Casts Shadow Over Voice Commerce Potential

March 29, 2024
The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field are continually expanding the possibilities of what voice technology can achieve. For instance, assistive voice technology, like the one developed by Whispp, is empowering individuals with voice disabilities, enabling more fluent and […]

Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers

October 06, 2023
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. On Friday (Oct....

Using AI And Biometrics To Digitize Estate Planning

May 14, 2020
The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the...

Amazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts

July 14, 2017
Some partnerships seemed destined, perhaps even written in the stars — Romeo & Juliet, Tony & Maria or (of course) Kimye are all good examples. Then there are the things that...

Quick Reads
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users

November 06, 2024
The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not on the level. The Federal Trade Commission (FTC) is taking Delaware-based Dave Inc. to court, according to a Tuesday (Nov. 5) press release, alleging deceptive marketing practices and charging fees […]

FTC Begins Refunding $2.5 Million in Credit Karma Deception Case

October 31, 2024
The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. The FTC is sending checks and PayPal payments to 50,994 consumers, adding up to...

Trade Associations Sue to Block FTC ‘Click-to-Cancel’ Rule

October 23, 2024
Three trade associations filed a lawsuit Wednesday (Oct. 23), aiming to block the Federal Trade Commission’s (FTC) “click-to-cancel” rule. The suit claims that the rule exceeds the FTC’s authority and...

FTC Publishes Final Rule on Subscription and Membership Programs

October 16, 2024
The Federal Trade Commission (FTC) announced a final rule that will require sellers to make it as easy for consumers to cancel their subscriptions, memberships and other recurring payment programs...