FTC to Return Millions to Consumers Over Credit Karma Misrepresentations
The Federal Trade Commission is sending more than $2.5 million to consumers who were manipulated by false credit card offers ...
Tag: FTC
Learn how the FTC regulates and enforces policies in the payments and banking sectors, ensuring consumer protection and fair competition within the financial services industry.
Bitcoin ATMs, a Convenience Store Staple, Are Ripe for Scams
In 2022, Midwest convenience store chain Kwik Trip partnered with Coinsource to begin installing automatic teller machines that dispense bitcoin. ...
College Credit Cards: Getting Pizza & Beer Isn’t Like it Used to Be
Getting a college credit card was easy back in the day. Issuers flocked to the segment, which in 1990 represented ...
Criminals Impersonating Top Brands Cost Consumers Millions, Says FTC
Criminals are increasingly impersonating retailers to scam consumers out of money. According to the Federal Trade Commission, Best Buy, Amazon, ...
With Fraud Losses Topping $10 Billion, the FTC Fights Back
The Federal Trade Commission released data showing that consumers lost more than $10 billion to fraud in 2023. This represents a ...
QR Codes Are the Latest Entryway for Identity Thieves
Fraudsters are increasingly using QR codes to capture personal information. According to the Federal Trade Commission, more fraudsters are applying ...
FTC Is Looking to Eliminate Junk Fees
Junk fees are costing consumers in the U.S. billions of dollars annually, and the Federal Trade Commission is looking to ...
7 Types of Identity Fraud That Organizations Can’t Afford to Ignore
Conducting transactions and sharing personal data online has become easier than ever before. Consumers can make purchases, send money, sign ...
FTC Investigates ChatGPT Over Possible Consumer Harm
The Federal Trade Commission is investigating whether OpenAI’s ChatGPT has “harmed consumers” by putting their personal data at risk. The ...
FTC Sues Amazon for ‘Tricking’ Its Customers Into Signing up for Prime
In a complaint filed on Wednesday, the U.S. Federal Trade Commission is alleging that Amazon has enrolled millions of consumers ...
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