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The Federal Trade Commission added new charges of mobile cramming to a complaint filed against an operation that allegedly sent millions of unwanted text messages and robocalls to consumers.
July 7 -
Bindo wants to combine its cloud-based iPad point of sale product with an online marketplace, similar to how Square's iPad system links merchants to Square Marketplace. This hybrid approach is meant to make Bindo more appealing to local merchants.
July 7 -
The total number of new bank-issued credit cards in Q1 is 11.3 million, a six-year high and an increase of 17.2% from the year-ago period, according to the latest Equifax National Consumer Credit Trends Report.
July 3 -
Complaints filed with the Consumer Financial Protection Bureau, along with most consumer statute lawsuit filings, dropped in May.
July 3 -
Ingenico Group, a French maker of payment terminals, said it's in exclusive talks to acquire GlobalCollect in a deal valuing the target at 820 million euros ($1.1 billion).
July 2 -
Idaho's Payday Loan Act, designed to dictate how much payday lenders can give borrowers, went into effect Tuesday.
July 2 -
T-Mobile USA Inc. was charged Tuesday with making hundreds of millions of dollars by placing charges on phone bills for purported "premium" subscriptions that, in many cases, were bogus charges and never authorized by customers.
July 1 -
A U.S. district court has halted a Georgia-based operation from using threats and lies to collect $3.5 million in phantom payday loan "debts" that consumers didnt owe.
July 1 -
John McNamara, chief marketing officer at LiveVox Inc. and a former chairman and speaker for key Collections & Credit Risk conferences, will be leaving LiveVox to take a role with the Consumer Financial Protection Bureau.
July 1 -
MasterCard Inc. has completed its acquisition of Pinpoint Pty. Ltd., an Australia-based loyalty and rewards service provider.
July 1

