Tag: financial privacy

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The Federal Trade Commission has reached a settlement with PayPal, Inc. over allegations that the company told users of its Venmo peer-to-peer payment service that money credited to their Venmo balances could be transferred to external bank accounts without adequately disclosing that the...
Following a public comment period, the Federal Trade Commission has approved a final order with the operator of a Georgia-based online tax preparation service settling allegations that it violated federal rules on financial privacy and security.
The operator of a Georgia-based online tax preparation service has agreed to settle Federal Trade Commission allegations that it violated federal rules on financial privacy and security.
An overview of the FTC’s enforcement, policy initiatives, and consumer outreach and business guidance in the areas of privacy and data security, from January 2016 - December 2016.
An overview of the FTC’s enforcement, policy initiatives, and consumer outreach and business guidance in the areas of privacy and data security, from January 2015-December 2015.
The Federal Trade Commission has proposed an amendment to its rules under the Gramm-Leach-Bliley Act to allow auto dealers that finance car purchases or provide car leases to provide online updates to consumers about their privacy policies as opposed to sending yearly updates by mail.
An overview of the FTC’s enforcement, policy initiatives, and consumer outreach and business guidance in the areas of privacy and data security, from January 2014-December 2014.
A data broker operation sold the sensitive personal information of hundreds of thousands of consumers – including Social Security and bank account numbers – to scammers who allegedly debited millions from their accounts, the Federal Trade Commission charged in a complaint filed today.
At the request of the Federal Trade Commission, a federal court has ordered two debt sellers that posted the sensitive personal information of more than 70,000 consumers online to notify the consumers and explain how they can protect themselves against identity theft and other fraud in light of the...
An overview of the FTC’s enforcement, policy initiatives, and consumer outreach and business guidance in the areas of privacy and data security, from January 2013-March 2014.
The Federal Trade Commission has announced the agenda and panelists for its upcoming privacy seminar examining the scope and effects of alternative scoring products, which will take place March 19 from 10 a.m. to noon.
The U.S. Federal Trade Commission signed a memorandum of understanding (MOU) with the Information Commissioner’s Office (ICO) of the United Kingdom today to promote increased cooperation and communication between the two agencies in their efforts to protect consumer privacy. 
A summary of the results of a small-scale study to validate the final set of changes to the prototype privacy notice.
The Federal Trade Commission sent letters to ten data broker companies warning that their practices could violate the Fair Credit Reporting Act (FCRA) after a test-shopping operation by the FTC indicated the companies were willing to sell consumer information without abiding by FCRA requirements.
The Federal Trade Commission will host a series of day-long public roundtable discussions to explore the privacy challenges posed by the vast array of 21st century technology and business practices that collect and use consumer data. Such practices include social networking, cloud...

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