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Peer-to-Peer FTC Act

Wilson Sonsini Goodrich & Rosati

FTC Announces Settlement with PayPal for Alleged FTC Act and GLBA Violations by Venmo

On February 27, 2018, the Federal Trade Commission (FTC) announced that it had reached an agreement with PayPal to settle allegations that its peer-to-peer payment service, Venmo, engaged in deceptive acts and practices and...more

Kelley Drye & Warren LLP

Do You Venmo? FTC Spotlight on Peer-to-Peer Payments and Crowdfunding

Kelley Drye & Warren LLP on

3The FTC recently examined peer-to-peer (P2P) payment systems and crowdfunding in the second forum of its FinTech series. P2P payment systems are online services that allow consumers to share money electronically. These...more

Patterson Belknap Webb & Tyler LLP

FTC Delays Ruling in LabMD Appeal

The Federal Trade Commission has decided to put off until late July a decision about whether to overturn a ruling by the agency’s chief administrative law judge in the closely watched data security action against LabMD, the...more

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