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28 Feb 2018, 3:58 pm
Earlier this week, the Federal Trade Commission (“FTC”) announced a settlement with PayPal, Inc. over allegations that Venmo, a PayPal-owned mobile payment and social networking application, misled customers on issues relating to account transfers and privacy settings and enabled fraud through inadequate security practices. [read post]
6 Jun 2018, 9:00 am
The FTC recently announced that it has given final approval to a settlement with PayPal, Inc. over allegations that Venmo, its peer-to-peer payment service, misled consumers about their ability to transfer funds to external bank accounts and control the privacy of their transactions. [read post]
11 Nov 2021, 10:36 am
Affirm also provides BNPL services for another major online marketplace, Shopify Inc. [read post]
12 Nov 2021, 10:36 am
Affirm also provides BNPL services for another major online marketplace, Shopify Inc. [read post]
12 Nov 2021, 10:36 am
Affirm also provides BNPL services for another major online marketplace, Shopify Inc. [read post]
17 Mar 2019, 12:45 pm
The FTC’s privacy and security enforcement actions in 2018 included shutting down revenge porn website MyEx.com, approving a settlement with peer-to-peer payment service Venmo over deceptive privacy settings, approving an expanded settlement with Uber Technologies, Inc. to resolve data security and privacy allegations, and approving a privacy and data security settlement with mobile phone maker BLU Products, Inc. [read post]
9 Aug 2021, 11:37 am
Plaid Inc agreed to settle a class action lawsuit for $58 million on Thursday after six months of negotiation and mediation between the parties’ representatives. [read post]
13 Mar 2018, 6:40 am
” More Money, More Problems for Venmo On February 27, 2018, Paypal, Inc., owner of Venmo, reached a settlement with the FTC over multiple claims stemming from Venmo’s practices and disclosures. [read post]
13 Mar 2018, 6:40 am
” More Money, More Problems for Venmo On February 27, 2018, Paypal, Inc., owner of Venmo, reached a settlement with the FTC over multiple claims stemming from Venmo’s practices and disclosures. [read post]
16 Jul 2020, 6:29 am
Consumer Financial Protection Bureau, asking the court to put an end to PayPal, Inc. [read post]
31 Jul 2019, 7:02 am
Zelle Outpacing PayPal’s Venmo in Person-to-Person PaymentsThe Financial Brand – July 30, 2019 Zelle, the bank-owned response to PayPal’s Venmo person-to-person mobile payment service, Square Cash, and others, continues to grow by long strides since its launch in 2017. [read post]
10 Mar 2023, 8:17 am
Mastercard Infringes Digital Wallet Tech Patent, Suit SaysBloomberg Law – March 2, 2023 Mastercard Inc. [read post]
19 Dec 2019, 10:09 am
The app is owned by major Wall Street banks and competes directly with Venmo. [read post]
9 Jul 2020, 7:24 am
Technology giants like Amazon.com Inc. and Google parent Alphabet Inc. are also increasingly offering financial services. [read post]
16 Apr 2020, 7:56 am
The Treasury Department may even let people who don’t have bank accounts receive their coronavirus relief checks via mobile-payment services like Venmo. [read post]
8 Oct 2020, 8:56 am
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
13 Aug 2021, 8:15 am
Sainsbury’s Settles Swipe Fee Case Against MastercardLaw360 – August 6, 2021 (subscription required) Sainsbury’s Supermarkets Ltd. has reached a settlement with Mastercard Inc. ending litigation between the sides over fees that the U.K. [read post]
13 Aug 2021, 8:15 am
Sainsbury’s Settles Swipe Fee Case Against MastercardLaw360 – August 6, 2021 (subscription required) Sainsbury’s Supermarkets Ltd. has reached a settlement with Mastercard Inc. ending litigation between the sides over fees that the U.K. [read post]
22 Apr 2021, 8:58 am
With the approval during a marathon, partisan hearing, the more than 400-page staff report will become an official committee report, and the blueprint for legislation to rein in the market power of the likes of Alphabet Inc’s (GOOGL.O) Google, Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Facebook Inc (FB.O). [read post]
25 Nov 2020, 9:42 am
Plaid Inc and Evans v. [read post]
