Court Ruling Will Reignite Debate Over Credit Card Late Fees
Late last week, a federal judge upheld an order blocking a cap on credit card late fees, as PYMNTS reported. But the debate over the fees — their usefulness, whether they should exist at all — is ...
OFAC Sanctions Parties Involved in Compromise of 81,000 Firewalls
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a China-based cybersecurity company and one of its employees, saying they played a role in an April 2020 compr...
OORT launches blockchain-driven DataHub for ethical AI development
The OORT Foundation announced the commercial launch of its OORT DataHub, a decentralized platform designed to improve data collection and labeling for artificial intelligence.
The platform, which goes...
FTC Begins Sending Refunds to Victims of Debt Collection Scheme
The Federal Trade Commission (FTC) is sending over $540,000 in refunds to consumers harmed by a debt collection scheme.
The refunds follow the FTC’s filing of lawsuits in September 2020 and reachin...
