consumer protection

Facebook Says Libra Could Lead To Credit, Financial Services
Facebook Says Libra Could Lead To Credit, Financial Services
June 27, 2019  |  Facebook

Libra could be just the beginning for Facebook. “If we are successful at providing a wallet that allows people to store money securely, and send...

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Global Regulators Circle Libra’s Crypto Wagon
Global Regulators Circle Libra’s Crypto Wagon
June 26, 2019  |  Facebook

Two more financial regulators have warned that they won’t allow Facebook’s planned cryptocurrency, Libra, to launch without looking at it closely. The international Financial Stability...

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Fed Plans To Take A Close Look At Facebook’s Crypto
Fed Plans To Take A Close Look At Facebook’s Crypto
June 26, 2019  |  Facebook

The U.S. Federal Reserve plans to hold Facebook’s cryptocurrency, Libra, to high standards when it comes to consumer protection and regulation. “Libra’s a new thing;...

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CFPB Proposes Implementation Of Fair Debt Collection Practices Act
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act....

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FTC Fines Avant $3.85M For Customer Deception
FTC Fines Avant $3.85M For Customer Deception
April 15, 2019  |  Legal

The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers...

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FTC, State AGs To Team Up To Investigate Google, Facebook
FTC, State AGs To Team Up To Investigate Google, Facebook
March 29, 2019  |  ANTITRUST

The U.S. Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google’s position in the technology space. According...

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Rep Waters Looks To Undo Mulvaney’s CFPB
Rep Waters Looks To Undo Mulvaney’s CFPB
January 17, 2019  |  Regulation

The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. Yesterday, we got a peek at...

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Germany Says Amazon Dash Button Breaks Consumer Law
Germany Says Amazon Dash Button Breaks Consumer Law
January 10, 2019  |  Amazon

A court in Germany handed down a harsh ruling about Amazon’s Dash buttons on Thursday (Jan. 10), according to a report from Reuters. The court...

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Equifax Settles With NY AG Over App Security
Equifax Settles With NY AG Over App Security
December 16, 2018  |  Security & Fraud

The Office of the New York State Attorney General Barbara Underwood announced late last week it reached settlements with five companies whose mobile apps failed...

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