Tag: payment_processing
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FTC and Washington State Reach $600,000 Settlement With Payment Processor Riverside Payments
Riverside Payments, affiliate Cascade Equipment Leasing and their operators will pay $600,000 to settle FTC and Washington state allegations of hidden fees and near-impossible cancellation terms.
BusinessLaw EnforcementPolitics and GovernmentLegalFinancial MarketsSocial Issues Federal Trade CommissionRiverside Payments Inc.Cascade Equipment Leasing LLCWashington statepayment processingsmall businessessettlement
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FTC Orders Humboldt Merchant Services to Pay $12 Million in Fraud Settlement
Humboldt Merchant Services will pay $12 million and be banned from processing payments for high-risk merchants after FTC action for facilitating consumer fraud.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyLegal FTCHumboldt Merchant ServicesPayment ProcessingConsumer FraudSettlementRegulatory Action
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Nuvei to Pay $4.85 Million in FTC Settlement Over Merchant Fraud
Global payment processor Nuvei will pay $4.85 million to settle Federal Trade Commission charges. The firm is accused of facilitating merchant fraud, including tech support scams, and must implement robust screening practices.
BusinessLaw EnforcementPolitics and GovernmentLegalFederal GovernmentEconomyComputers and InternetSocial Issues NuveiFederal Trade CommissionPayment ProcessingMerchant FraudTech Support ScamsSettlementConsumer Protection