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FTC Complaint Alleges Deception and Discrimination in Fintech's Subscription Cash Advance Offerings | Ballard Spahr LLP

On January 2, the Federal Trade Commission (FTC) filed a complaint against FloatMe Corp. (“FloatMe”), a fintech that offers short-term cash advances through its mobile app, alleging. ....

Bit Inc , Ballard Spahr , Floatme Corp , Federal Trade Commission , Restore Online Shopper Confidence Act , Equal Credit Opportunity Act ,

Users of Fintech App Brigit to Get $18M in Refunds

The fintech app falsely promised cash-strapped users instant cash advances and locked them into monthly memberships that they couldn t cancel, the FTC charges. ....

United States , Consumer Financial Protection Bureau , Bit Inc , Federal Trade Commission ,

Brigit personal finance app agrees to pay $18M in refunds under FTC settlement

Brigit personal finance app agrees to pay $18M in refunds under FTC settlement
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United States , Bit Inc , Federal Trade Commission ,