Tag: consumerprotection
Strengthening Oversight of Card Payment Fees: What It Means for Fintech
Regulatory changes aim to enhance transparency in card transaction costs.Highlights: PSR introduces new measures for card payment fee oversight.Enhanced regulations aim to ensure transparency...
Australian Scam Sharing Network Tackles Financial Crime: Insights and Developments
Exploring the effectiveness of collaborative measures against financial scams.Highlights: Australia launches a new scam sharing network to combat financial crime.Collaboration among financial institutions aims...
UK Mobile Networks to Block Spoofed Numbers to Combat Impersonation Scams
New measures target rising impersonation scams affecting consumers and businesses.Highlights: UK mobile networks plan to block spoofed numbers.New measures aim to protect consumers from...
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...
NTT Data Payment Services implements Facctum anti-financial crime technology
Facctum's screening platform, FacctViewTM, has been implemented by NTT Data Payment Services to strengthen its defenses against financial crimes. This technology enables the detection...