Tag: Payments and Billing

Displaying 81 - 100 of 187 results.

The Federal Trade Commission is mailing 139,357 checks totaling more than $5.4 million to consumers and businesses who were victimized by a massive fraudulent operation that placed unwanted charges on their telephone bills.
Global mobile marketer Jesta Digital, LLC, will provide refunds to a large number of consumers and pay an additional $1.2 million to the Federal Trade Commission as part of a settlement with the FTC, which alleged that Jesta crammed unwanted charges onto consumers’ cell phone bills.
A federal judge has found in favor of the Federal Trade Commission in its case against an online operation that illegally debited consumers’ bank accounts when they visited the defendants’ websites seeking payday loans.  The FTC will seek a court order requiring the defendants to return more than...
The Federal Trade Commission has charged an operation that sells credit and debit card payment processing services to small businesses with violating federal law.  The defendants allegedly made false and unsubstantiated claims and failed to disclose material facts to storefront businesses and sole...
So people were taking a few minutes to play the free version of Angry Birds on their Android device.  At some point between the Giant Slingshot and the Mighty Eagle, they got a "Virus Detected" warning.  But according to an FTC lawsuit, that scary-looking security alert was phony and...
You thought Angry Birds get peeved at those annoying green pigs?  That's nothing compared to consumers’ reaction when they found unauthorized charges “crammed” onto their cell phone bills for phony virus scans that showed up when they played Angry Birds on their Android devices.  To...
As a small business person, you’re looking for ways to keep your credit and debit card processing costs down.  So when someone calls claiming to be associated with your current card processor, Visa or MasterCard, or your bank and promises big savings, of course you’d be all ears. ...
The FTC hosted a workshop to analyze the marketing of goods and services through offers with negative option features. The workshop, which brought together consumer representatives, academics, and industry leaders, addressed the pros and cons of such offers, discuss online marketing...
The FTC published proposed amendments to the Pay-per-call Rule, including provisions to combat telephone bill "cramming" - inserting unauthorized charges on consumers' phone bills - and other abuses in the sale of products and services that are billed to the telephone, including...
This statute (Title IX of the Consumer Credit Protection Act) establishes the rights, liabilities, and responsibilities of participants in electronic fund transfer systems. The Act requires financial institutions to adopt certain practices respecting such matters as transaction accounting, and...
Under this Act, the Commission is empowered, among other things, to (a) prevent unfair methods of competition, and unfair or deceptive acts or practices in or affecting commerce; (b) seek monetary redress and other relief for conduct injurious to consumers; (c) prescribe trade regulation rules...
Thousands of consumers scammed out of their money will get some of it back, thanks to a lawsuit and settlement secured by the Federal Trade Commission.  The FTC has mailed 9,566 refund checks to consumers whose bank accounts were debited, allegedly without their consent, by Texas-based payment...
We’re not one to loft accolades in the direction of fraudulent telemarketers, but we’ll say this about them:  They’re a quick study when it comes to using new technologies and business methods to their shady advantage.  As part of its ongoing effort to protect consumers from...
Law enforcers hate ‘em, legitimate businesses hate ‘em, and consumers — well, they really hate ‘em:  unauthorized charges that show up on people’s cell phone bills.  It’s called mobile cramming and The Good Guys are united in finding answers to the problem.
Consumer advocates, government officials and industry representatives will take part in a roundtable discussion on mobile cramming hosted by the Federal Trade Commission on May 8. Roundtable participants will discuss the practice of placing unauthorized charges on consumers’ monthly mobile phone...
The FTC is always working to know more about the types of fraud being committed and who spends money on them.  Periodically, we survey consumers and ask them to share details about their recent marketplace experiences and a bit about themselves.  Our most recent survey found that...

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