FTC

FTC Reports Record Surge In eCommerce Complaints Amid Pandemic

FTC Reports Record Surge In eCommerce Complaints Amid Pandemic
FTC Reports Record Surge In eCommerce Complaints Amid Pandemic
July 01, 2020  |  Retail

While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency...

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Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC
Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC
June 22, 2020  |  Security & Fraud

The Federal Trade Commission (FTC) is sending out over $8.7 million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans...

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FTC Releases State Data Of COVID-19 Related Consumer Complaints
FTC Releases State Data Of COVID-19 Related Consumer Complaints
June 12, 2020  |  Security & Fraud

Fraud was the top complaint related to coronavirus logged by the Federal Trade Commission (FTC), according to new reports released on the organization’s website. Get...

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FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
June 10, 2020  |  Security & Fraud

The Federal Trade Commission sued two New York small-business lenders Wednesday (June 10) for allegedly using deceptive terms in loans to companies, nonprofits, religious groups...

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TikTok’s Data Privacy Policies Draw Eyes Of EU Authorities
TikTok’s Data Privacy Policies Draw Eyes Of EU Authorities
June 10, 2020  |  Safety and Security

TikTok, the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. Get the Full Story Complete the form...

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FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams
June 09, 2020  |  Security & Fraud

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal...

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Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP Loans Have Been Canceled
Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP...
June 01, 2020  |  News

In today’s top news, China’s economy looks to be rebounding, and a minimum of $20 billion in PPP loans has been returned. Plus, lawmakers ask...

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Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
May 29, 2020  |  Delivery

After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at...

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