On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing payments for...more
6/24/2025
/ Consumer Protection Laws ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
FinTech ,
Misleading Statements ,
Payment Processors ,
ROSCA ,
Scams ,
Settlement ,
Technology Sector ,
Telemarketing ,
Telemarketing Sales Rule ,
UK ,
Unfair or Deceptive Trade Practices
On June 16, 2025, the New York Attorney General announced it had entered into a stipulated final judgment to settle its suit against a non-bank money transfer provider over alleged violations of federal and state consumer...more
6/24/2025
/ Civil Monetary Penalty ,
Consumer Financial Protection Act (CFPA) ,
Consumer Protection Laws ,
Disclosure Requirements ,
EFTA ,
Enforcement Actions ,
False Statements ,
Final Judgment ,
FinTech ,
Money Transfer ,
Money Transmitter ,
Nonbank Firms ,
Remittance Transfer Rule ,
Settlement ,
State Attorneys General