consumer protection

FTC Testifies Before Senate Subcommittee About Consumer Privacy And Data Security
FTC Testifies Before Senate Subcommittee About Consumer Privacy And Data Security
November 28, 2018  |  Regulation

The Federal Trade Commission (FTC) testified on Tuesday (Nov. 27) before the U.S. Senate Commerce Subcommittee regarding the agency’s work on consumer protection, product safety,...

READ MORE >
Google Chrome Update Targets Mobile Subscription Scams
Google Chrome Update Targets Mobile Subscription Scams
November 08, 2018  |  Google

A new update to Google Chrome will help prevent consumers from being scammed by unclear mobile subscription services. “Every month, millions of Chrome users encounter...

READ MORE >
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...

READ MORE >
State Regulators Sue To Block FinTech Charters
State Regulators Sue To Block FinTech Charters
October 30, 2018  |  Bank Regulation

In the latest salvo over awarding national bank charters to FinTechs spanning tech upstarts across online lending and various payments functions, the Conference of State...

READ MORE >
CFPB, Payday Lender Cash Express Settle Lawsuit
CFPB, Payday Lender Cash Express Settle Lawsuit
October 25, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution to consumers, as...

READ MORE >
CFTC Ups Crypto Regulation In 2018
CFTC Ups Crypto Regulation In 2018
October 08, 2018  |  Regulation

The Commodity Futures Trading Commission (CFTC) reported an increase in enforcement actions in the last fiscal year, partly due to a rise in cryptocurrency cases...

READ MORE >
Big Banks See Uptick In Cyberattack Attempts
Big Banks See Uptick In Cyberattack Attempts
September 30, 2018  |  Security & Fraud

Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to The Wall Street Journal, the...

READ MORE >
Aussie Banks Too Slow In Breach Notifications: Regs
Aussie Banks Too Slow In Breach Notifications: Regs
September 26, 2018  |  B2B Payments

Australian regulators on Tuesday (Sept. 25) criticized top banks in the country for what authorities called inadequate reporting of breaches of financial law. Reports in...

READ MORE >
Why Strong Authentication Fights Fraud, But Consumers Prefer Convenience
Why Strong Authentication Fights Fraud, But Consumers Prefer Convenience
September 13, 2018  |  Fraud Prevention

Doppelgängers are real — but they’re not phantom twins in pre-modern German fairy tales: they are online, and they can be used to steal digital...

READ MORE >