The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their […]
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The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda and disinformation machine in support of a presidential candidate. What could go wrong? An analysis from the Center for Countering Digital Hate (CCDH), a nonprofit that tracks misinformation, found that Elon Musk posted at least […]
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Kenya’s competition authority has fined Baltic lender Eleving‘s Kenyan subsidiary for misleading its customers, casting a spotlight on the continuing unethical operations of a section of digital lenders in the country despite a new law. The Competition Authority of Kenya (CAK) imposed a fine of $84,120 on Eleving subsidiary Mogo Kenya for violating competition law […]
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