Search Results for “ftc” – Page 3

Fleetcor Contests FTC Lawsuit and other Digital Transactions News briefs from 12/23/19

December 23, 2019 Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, Fraud & Security, Law and Regulation, Mergers & Acquisitions, Point-of-sale, Transaction Processing Comments Off on Fleetcor Contests FTC Lawsuit and other Digital Transactions News briefs from 12/23/19

Fleetcor Technologies Inc., a payments processor for fleet-fueling cards and other products, issued a statement contesting a Federal Trade Commission lawsuit filed against the company Dec. 20 and asserting it will “vigorously” defend itself against the agency’s complaint in court. The FTC alleges Fleetcor charged customers “at least hundreds of millions of …

Visa Confirms FTC Routing Inquiry; Elavon Acquires Sage Pay; Checkers Contends With POS Malware

November 18, 2019 Comments Off on Visa Confirms FTC Routing Inquiry; Elavon Acquires Sage Pay; Checkers Contends With POS Malware

Visa Confirms the FTC Is Probing Its Debit Transaction Routing Practices

November 18, 2019 Acquiring, Competitive Strategies, Debit Cards, Issuing/Originating, Law and Regulation, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Pricing, Transaction Processing Comments Off on Visa Confirms the FTC Is Probing Its Debit Transaction Routing Practices

Confirming rumors that the Federal Trade Commission is looking into issues involving debit card transaction routing, Visa Inc. late last week reported the Federal Trade Commission has asked it to voluntarily provide information about its routing practices. In a brief notice in its fiscal 2019 report to the Securities and …

Google Checking: a Bill-Pay Move? Shift Benefits Priority’s Results; FTC Probes Debit Routing

November 14, 2019 Comments Off on Google Checking: a Bill-Pay Move? Shift Benefits Priority’s Results; FTC Probes Debit Routing

FTC Probes Debit Routing and other Digital Transactions News briefs from 11/14/19

November 14, 2019 Acquiring, Competitive Strategies, Debit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Person-to-Person Payments, Point-of-sale, Prepaid Cards, Transaction Processing Comments Off on FTC Probes Debit Routing and other Digital Transactions News briefs from 11/14/19

The Federal Trade Commission has started a preliminary inquiry into whether Visa Inc., Mastercard Inc., and large debit card issuers are blocking merchants from routing transactions over PIN-debit networks, the Bloomberg Law news service reported, citing anonymous sources. FTC investigators reportedly have contacted merchants and their trade groups, Bloomberg Law said. Spokespersons for …

Clearing up CBD Merchants; Splitit Offers B2B POS Credit; FTC Action Involves Merchant Accounts

September 23, 2019 Comments Off on Clearing up CBD Merchants; Splitit Offers B2B POS Credit; FTC Action Involves Merchant Accounts

FTC Action Involves Merchant Accounts and other Digital Transactions News briefs from 9/23/19

September 23, 2019 Acquiring, Competitive Strategies, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mobile Commerce, Transaction Processing Comments Off on FTC Action Involves Merchant Accounts and other Digital Transactions News briefs from 9/23/19

The Federal Trade Commission announced settlements with the two principals of Apex Capital Group, an Internet marketer of dietary supplements and personal-care products the FTC accused of using deceptive free-trial offers and negative-option billing in the U.S. and United Kingdom. The defendants must surrender assets valued at $3 million or more and are barred …

Allied Wallet Settles With the FTC and other Digital Transactions News briefs from 7/19/19

July 19, 2019 Acquiring, Digital Currency, E-Commerce, Fraud & Security, Law and Regulation, Transaction Processing Comments Off on Allied Wallet Settles With the FTC and other Digital Transactions News briefs from 7/19/19

The Federal Trade Commission said payment processor Allied Wallet, its CEO and owner Ahmad “Andy” Khawaja, and two company officers agreed to settle FTC charges that they assisted numerous scams by knowingly processing fraudulent transactions that took more than $110 million from consumers’ account.The two-day Amazon Prime Day event this week sold more than 175 …

Small Bank Adds TCH Real-Time Payments; Remote Checks Part of FTC Enforcement Action; Plus Weekly Recap

May 17, 2019 Comments Off on Small Bank Adds TCH Real-Time Payments; Remote Checks Part of FTC Enforcement Action; Plus Weekly Recap

Settlements End What the FTC Calls a Massive Robocalling Scheme

May 17, 2019 Acquiring, Electronic Checks, Fraud & Security, Law and Regulation, Transaction Processing Comments Off on Settlements End What the FTC Calls a Massive Robocalling Scheme

A federal judge has ordered the two main perpetrators of what the Federal Trade Commission calls the “massive Pointbreak Media robocall scheme,” part of which involved remotely created checks, to pay $3.37 million to the FTC, the agency announced this week. U.S. District Court Judge Cecilia M. Altonaga in Miami …

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