Hacker News with Generative AI: Consumer Protection

CFPB Orders Operator of Cash App to Pay $175M and Fix Its Failures on Fraud (consumerfinance.gov)
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) ordered Block, the operator of the peer-to-peer payments app Cash App, to refund and pay other redress to consumers up to $120 million and pay a penalty of $55 million into the CFPB’s victims relief fund.

Financial Regulation, Fintech, Consumer Protection, Fraud

3 points by cbrozefsky 6 hours ago | 0 comments

FTC Study Indicates Wide Range of Personal Data Used for Individualized Prices (ftc.gov)

FTC, Pricing, Data Privacy, Consumer Protection, Online Advertising

8 points by impish9208 9 hours ago | 0 comments

GM banned from sharing driving and location data with insurance companies (techcrunch.com)
We regularly hear stories about companies that are selling your sensitive personal information — including your location data — to the highest bidder. The latest culprit appears to be General Motors.

Privacy, Automotive Industry, Data Security, Consumer Protection

29 points by belter 14 hours ago | 5 comments

Rossmann Group's consumer protection database Wiki (rossmanngroup.com)
WHERE TO START - WHAT WE NEED FROM YOU!

Consumer Protection, Databases, Germany, Retail, Wiki

30 points by artomweb 2 days ago | 0 comments

CFPB sues Capital One for 'cheating' customers out over $2B in interest (cnbc.com)

Finance, Lawsuits, Consumer Protection, Banking

11 points by happysingle 3 days ago | 0 comments

CFPB Approves Financial Data Exchange, Inc. To Issue Standards for Open Banking (consumerfinance.gov)
Today, the Consumer Financial Protection Bureau (CFPB) issued an order recognizing Financial Data Exchange, Inc. (FDX) as a standard setting body under the CFPB’s Personal Financial Data Rights rule.

Finance, Open Banking, Consumer Protection, Regulation

3 points by impish9208 8 days ago | 0 comments

FTC Orders H&R Block to Pay $7M and Overhaul Advertising and Customer Service (ftc.gov)

FTC, Lawsuits, Advertising, Consumer Protection, Customer Service

4 points by impish9208 9 days ago | 0 comments

FTC requires H&R Block to pay $7M and overhaul practices for 2025, 2026 Seasons (ftc.gov)

Finance, Law, Consumer Protection, Taxation

6 points by gnabgib 9 days ago | 1 comments

White House unveils Cyber Trust Mark program for consumer devices (nextgov.com)
The White House on Tuesday launched a labeling scheme for internet of things devices that would inform consumers that applicable household products meet certain government-vetted cybersecurity standards.

Cybersecurity, Consumer Protection, IoT, Government Regulations, Technology

157 points by WaitWaitWha 9 days ago | 156 comments

Popular browser extension Honey accused of shady business practices (snopes.com)
A viral video alleged that the coupon-finding browser extension is a scam.

Browser Extensions, Business Practices, Consumer Protection, Social Media

8 points by jacobrussell 17 days ago | 1 comments

EU law mandating universal chargers for devices comes into force (france24.com)
EU rules requiring all new smartphones, tablets and cameras to use the same charger came into force on Saturday, in a change Brussels said will cut costs and waste.

EU Law, Consumer Protection, Technology, Environment

276 points by belter 20 days ago | 400 comments

NY governor signs law making the restaurant reservation black market illegal (eater.com)
Governor Kathy Hochul is signing the Restaurant Reservation Anti-Piracy Act into law, as of tomorrow December 19. “We’re putting an end to the predatory black market for restaurant reservations — protecting consumers and businesses, and giving everyone a chance to get a seat at the dinner table,” Hochul said in a press release from her office exclusively obtained by Eater.

Restaurant Reservations, New York, Law, Business, Consumer Protection

56 points by pseudolus 29 days ago | 66 comments

Grubhub to pay $25M for deceiving customers with junk fees (theverge.com)
Grubhub has agreed to pay $25 million to settle a Federal Trade Commission lawsuit that claimed the food delivery service misled customers and drivers while also damaging the reputation of restaurants.

Consumer Protection, Food Delivery, Lawsuits, Business

4 points by jakubsuchy 31 days ago | 0 comments

FTC's Lina Khan Changes Everything with Ban on Hidden Junk Fees (newrepublic.com)
Lina Khan’s FTC has passed a sorely needed ban on junk fees. But it won’t come into effect until she—and President Biden—is long gone.

Regulation, Consumer Protection, Politics, United States

19 points by madihaa 31 days ago | 4 comments

FTC bans hidden junk fees in hotel, event ticket prices (cnbc.com)

Consumer Protection, Business, Law, Travel, Events

658 points by LordAtlas 31 days ago | 663 comments

FTC Announces Rule Banning Junk Ticket and Hotel Fees (ftc.gov)

Consumer Protection, Government Regulation, Travel

18 points by notfried 32 days ago | 3 comments

New FTC Data Show Skyrocketing Consumer Reports About Game-Like Online Job Scams (ftc.gov)

Consumer Protection, Online Scams, Job Scams, FTC

7 points by impish9208 36 days ago | 0 comments

Risk for Americans as Credit Card Details Leaked (leakd.com)
As the festive season approaches, an estimated millions of Americans may find their Christmas at risk after a shocking data breach exposed 5 million unique credit and debit card details online

Data Breaches, Cybersecurity, Credit Cards, Consumer Protection, United States

4 points by bmcn2020 37 days ago | 0 comments

CFPB announces rule limiting bank overdraft fees (cnbc.com)

Finance, Consumer Protection, Banking

27 points by pseudolus 37 days ago | 3 comments

FTC Payments to Consumers Harmed by Vivint's Misuse of Consumer Credit Reports (ftc.gov)
FTC Staff Sends Warning Letters to Healthcare Plan Marketers and Lead Generators

Consumer Protection, Law Enforcement, FTC, Healthcare

4 points by impish9208 37 days ago | 0 comments

FTC Sends $72M in Refund Payments to Fortnite Consumers (ftc.gov)
FTC Staff Sends Warning Letters to Healthcare Plan Marketers and Lead Generators

FTC, Lawsuits, Refunds, Consumer Protection, Fortnite

19 points by impish9208 37 days ago | 1 comments

DC Sues Amazon for 'Secretly' Excluding Zip Codes from Prime Delivery Benefits (oag.dc.gov)
Attorney General Brian L. Schwalb today sued Amazon.com, Inc. (Amazon) for deceiving District residents into paying for Prime delivery benefits they are not receiving, in violation of District consumer protection law.

Amazon, Lawsuits, Consumer Protection, Delivery

6 points by ivewonyoung 44 days ago | 3 comments

Amazon secretly slowed deliveries, deceived anyone who complained, lawsuit says (arstechnica.com)
Amazon has been accused of secretly slowing down Prime deliveries in low-income parts of the District of Columbia and then lying to customers who complained.

Amazon, Lawsuits, Business, Delivery, Consumer Protection

21 points by pseudolus 44 days ago | 7 comments

Amazon Sued for 'Fake Discounts' (cheapism.com)
Holiday shopping is in full swing this week, with Black Friday deals everywhere you look. But one major retailer, Amazon, just got accused of deceptive sales practices in a recently filed lawsuit. Here’s what that lawsuit claims is going on.

Amazon, Lawsuits, Consumer Protection, Retail, Black Friday

14 points by galaxyLogic 45 days ago | 2 comments

Data brokers may be banned from selling your social security number (theverge.com)
In the wake of high-profile hacks affecting hundreds of millions of Americans, the Consumer Financial Protection Bureau (CFPB) is proposing a rule limiting data brokers’ ability to sell Americans’ sensitive personal and financial information.

Data Privacy, Consumer Protection, Government Regulation, Financial Data, Cybersecurity

21 points by hampus 46 days ago | 4 comments

Elon Musk calls to 'delete' US finance consumer watchdog agency (theguardian.com)
Elon Musk has said he wants to “delete” the Consumer Financial Protection Bureau (CFPB), a federal watchdog that helps protect consumers from predatory financial practices.

Elon Musk, Finance, Consumer Protection, Regulation

56 points by consumer451 50 days ago | 30 comments

Smart gadgets' failure to commit to software support could be illegal, FTC warns (arstechnica.com)
Makers of smart devices that fail to disclose how long they will support their products with software updates may be breaking the Magnuson Moss Warranty Act, the Federal Trade Commission (FTC) warned this week.

Consumer Protection, Software Updates, Law, Smart Devices, FTC

10 points by lg_rocket 51 days ago | 0 comments

FTC Staff Issues Report on Undercover Funeral Rule Phone Sweep (ftc.gov)

FTC, Government Regulations, Consumer Protection, Law Enforcement

13 points by impish9208 58 days ago | 6 comments

Google reacts angrily to report it will have to sell Chrome (bbc.com)
Google has said it would harm consumers and businesses if it is forced to sell Chrome, the world's most popular web browser.

Google, Web Browsers, Antitrust, Business, Consumer Protection

43 points by rmason 59 days ago | 54 comments

China-based Vevor is manipulating Amazon reviews and tricking buyers (nypost.com)
A China-based company that sells $500 million a year in tools and appliances on Amazon has been accused of manipulating its customer product reviews — and competitors gripe that Amazon has been turning a blind eye, The Post has learned.

Amazon, E-Commerce, Consumer Protection, China, Business

10 points by balderdash 61 days ago | 5 comments