Tag #Consumer Protection

theglobeandmail.com
🌐 75% Global Worthiness
News related image

Conflicts of Interest in Canada's Financial Advisory System

Canada's financial advisory system faces conflicts of interest due to commission structures, insufficient regulations, and industry lobbying, undermining client trust and professional integrity; systemic reforms are needed to align client, advisor, and firm interests.

Progress

36% Bias Score

smh.com.au
🌐 85% Global Worthiness
News related image

Meta Tightens Rules on Scam Ads Targeting Australians

Meta announced new rules requiring Australian financial advertisers on Facebook and Instagram to verify their identity and provide licensing information to combat widespread scam ads; the changes will be fully implemented by February 2024.

Progress

36% Bias Score

theglobeandmail.com
🌐 75% Global Worthiness
News related image

Fintech Account Closure Highlights Gaps in Canadian Consumer Protection

Joe Baradziej's Wise account was closed in April, delaying his access to over $6,500 for seven months due to insufficient customer support and the lack of consumer protection regulations for fintechs in Canada.

Progress

40% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
News related image

Online Investment Scams Exploit Celebrity Endorsements

Online investment scams use fake celebrity endorsements on social media and websites to trick people into investing in fraudulent schemes promising quick profits, causing financial losses.

Progress

56% Bias Score

gr.euronews.com
🌐 85% Global Worthiness
News related image

Black Friday Scam Surge Fueled by Cheap Fraud Tools and AI

Black Friday scams have skyrocketed due to readily available and affordable fraud tools on the dark web, enhanced by AI, and fueled by increased consumer vulnerability and the rise of sustainability-focused shopping, with platforms like Temu and Shein facing scrutiny for deceptive practices.

Progress

40% Bias Score

bbc.com
🌐 65% Global Worthiness
News related image

Spain Fines Budget Airlines €179m

Spain has fined five budget airlines, including Ryanair and EasyJet, a total of €179 million for "abusive practices," prompting appeals from the companies.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
News related image

Senate Panel Grills Airlines Over Billions in Fees

A U.S. Senate subcommittee criticized airlines for excessive fees on services like seat selection and baggage, totaling over $12 billion from 2018-2023, prompting calls for government intervention and raising concerns about consumer affordability and transparency.

Progress

60% Bias Score

lemonde.fr
🌐 75% Global Worthiness
News related image

Free fined €2.2 million for delayed customer refunds

French mobile network operator Free was fined €2.2 million by the DGCCRF for failing to promptly refund customers who canceled mobile phone orders between August 17, 2020 and January 4, 2022, violating Article L216-7 of the French consumer code.

Progress

24% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
News related image

Spain's Lack of Class-Action Lawsuits Costs Millions

Spain's lack of a legal framework for class-action lawsuits, resulting from a two-year delay in transposing the 2020 EU Directive, costs the state millions annually due to the overwhelming number of individual claims, unlike the efficient US system.

Progress

56% Bias Score

fr.euronews.com
🌐 85% Global Worthiness
News related image

Explosion des escroqueries liées au Black Friday

L'augmentation des escroqueries liées au Black Friday est due à la facilité d'accès à des outils de fraude bon marché sur le dark web, à l'essor de l'IA permettant de mieux imiter les sites officiels, et à la tendance des consommateurs à rechercher des offres alléchantes.

Progress

40% Bias Score

bbc.com
🌐 75% Global Worthiness
News related image

Leaseholders' Woes: Assethold Overcharges

A BBC investigation reveals how a freehold company, Assethold, and its managing agent, Eagerstates, allegedly overcharged leaseholders in England and Wales, causing financial and emotional distress.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 60% Global Worthiness
News related image

Leasehold Crisis in England and Wales

This article investigates the issues surrounding leasehold properties in England and Wales, focusing on rapidly increasing service charges and the potential exploitation of leaseholders.

Progress

40% Bias Score

Reduced Inequality