Tag: consumer protection
American Express Settles for $230 Million Over Alleged Deceptive Sales Practices
The financial giant addresses consumer protection concerns with a hefty payout amidst ongoing scrutiny.Highlights: American Express agrees to a $230 million settlement related to...
Ireland’s New Legislative Changes to Combat Escalating Scam Epidemic
Proposed measures aim to protect consumers and strengthen cybersecurity in the financial sector.Highlights: Ireland proposes significant legislative changes to address the rising issue of...
Block Hit with $255M in Penalties Over Cash App Failings
Exploring the Regulatory Consequences and Implications for Fintech CompaniesHighlights: Block Inc. has been fined $255 million due to regulatory failures associated with its Cash...
CFPB Targets Digital Payment Privacy: New Guidelines for Consumer Protection
Understanding the Implications of CFPB's Latest Regulations on Digital PaymentsHighlights: CFPB introduces new guidelines aimed at enhancing consumer protection in digital payments.The regulations focus...
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers about cash advance amounts and...
Pulse extends debit fraud protection deal with Fico
PULSE, a subsidiary of Discover Financial Services, extends its partnership with FICO to enhance fraud-detection technology for financial institutions, merchants, and consumers globally.
FactsPULSE,...