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FTC accuses fintech app Dave of misleading users about cash advances

Channel News Asia LogoChannel News Asia2w ago

FTC accuses fintech app Dave of misleading users about cash advances - Channel News Asia

Quick Summary:

Federal Trade Commission sued financial technology company Dave Inc in a California court on Tuesday, accusing it of misleading users of its personal finance app by offering cash advances that few received.

Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020.The U.S.


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FTC accuses fintech app Dave of misleading users about cash advances - Channel News Asia (Picture 1)FTC accuses fintech app Dave of misleading users about cash advances - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 05:52:34 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 105 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23438008

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 20 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "FTC accuses fintech app Dave of misleading users about cash advances" has 105 words across 9 sentences, which will take approximately 1 minutes for the average person to read.

Which news outlet covered this story?

The story "FTC accuses fintech app Dave of misleading users about cash advances" was covered 2 weeks ago by Channel News Asia, a news publisher based in Singapore.

How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 20 news stories per day.

It's most recent story was published 1 hours ago.

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  • News ID: #23438008
  • URL: https://beamstart.com/news/ftc-accuses-fintech-app-dave-17308450816073

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