Tag: Payments and Billing

Displaying 121 - 140 of 187 results.

The architect of an operation that allegedly distributed illegal robocalls offering credit card interest rate reduction programs, extended automobile warranties, and home security systems, is banned from telemarketing under a settlement with the Federal Trade Commission.
The Hobby Protection Act is something of a misnomer.  Most hobbies don’t need much by way of protection.  But if you or your clients are involved in the sale of coins or certain collectibles, it’s a law you need to know about.  The FTC’s settlement with the National Collector’s Mint...
The Federal Trade Commission has asked a federal court for permission to charge three persons and five companies they control with improperly receiving at least $22 million from a scheme that allegedly bilked consumers out of more than $275 million with deceptive “trial” memberships for bogus...
A sure way to see smoke coming out of consumers’ ears:  Put charges on their phone bills for services they never ordered and didn’t authorize.  In a lawsuit just filed against Montana-based American eVoice, Steven Sann, and others, that’s what the FTC says is going on.
"Hey, I've never met you.So don't get clever. That's my number.Robocall me never."
There are lots of good reasons for infomercial marketers and other retailers to abide by truth-in-advertising principles.  But for people who insist on a dollars-and-cents rationale, the Court-ordered $478 million price tag for violations related to national ads for money-making...
The Federal Trade Commission filed an amicus brief in the phone bill cramming case Moore v. Verizon Communications, Inc. (No. 2 CV 09-1823 SBA) before the U.S. District Court for the Northern District of California, opposing a proposed class action settlement of the case because it is not fair,...
If you’ve been following the ongoing story of the FTC’s law enforcement action stemming from Neovi, Inc.'s Qchex check-writing system, the Court’s recent contempt ruling will make for interesting reading.  If those names aren’t familiar to you — and you have clients in the payments...
“I just want to say one word to you, Benjamin.  Plastics.”During the cocktail party scene in the classic movie “The Graduate,” that’s the advice Ben Braddock got for mapping out his future.  It wasn’t such a bad tip after all since so much stuff — including the pocket money we use...
In a comment submitted to the Consumer Financial Protection Bureau (CFPB), staff of the Federal Trade Commission expressed support for protecting users of general purpose reloadable (GPR) cards and for the CFPB's proposal to solicit information about the costs and benefits of extending additional...
How would you like to listen in when federal agencies talk to each other about policies that could have an impact on your company?  If your business is breaking into the mobile marketplace, lend an ear.
In response to a request by the Federal Communications Commission for comment, the Federal Trade Commission said that the “cramming” of unauthorized charges on wireless phone bills poses a serious problem for American consumers. The FTC said in its comment that wireless providers should be...
At the BCP Business Center, we offer tips on how to stay on the right side of the law.  But we also do our best to spread the word about the latest frauds targeting businesses — and this one’s a piece of work.  If your company accepts checks or online payments, you’ll want to be on...
We've done a little renovating around the BCP Business Center.  Nothing major like adding a rumpus room or finishing the basement.  Just a few updates in response to your suggestions.
Identity theft hits millions of Americans each year.  What many business executives don’t know is that ID thieves are using a variation on the crime to prey on legitimate companies.
It may be tempting for a payment processor to look the other way about a client’s business practices, figuring it’s the merchant’s job to get proper consumer authorization for charges submitted for processing.  But donning blinders can lead to regrettable results, as an FTC action...
A payment processor and two of its principals are now banned from using a new payment method to process electronic payments under a settlement with the Federal Trade Commission, which resolves charges that they debited consumers' bank accounts without their consent. The settlement furthers the FTC...

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