bloomberglaw

First Data Will Pay $40 Million in FTC Deal Over Consumer Scams

First Data Will Pay $40 Million in FTC Deal Over Consumer Scams

First Data Merchant Services LLC and a former executive agreed to pay more than $40 million to settle a claim by the Federal Trade Commission that the company processed payments and laundered credit card transactions for scams targeting hundreds of thousands of consumers.

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Online Advertisers Embrace Blockchain to Fight Fraud

Online Advertisers Embrace Blockchain to Fight Fraud

IBM Corp., Toyota Corp., and a growing number of startups are using blockchains to try to crack down on online advertising fraud. The complexity of online advertising and the struggle to track ad spending has allowed fraudsters to avoid being caught, attorneys told Bloomberg Law.

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