What Are Unfair, Deceptive, or Abusive Acts or Practices (UDAAP)?

The acronym UDAAP refers to unfair, deceptive, or abusive acts or practices by those who offer financial products or services to consumers.
ConsumerAffairs

MoneyGram paying $250,000 for consumer protection violations

• New York Attorney General Letitia James secured $250,000 from MoneyGram International for failing to follow consumer protection laws and jeopardizing customers' money transfers • The settlement ...
JD Supra

Privacy Laws Ring in the New Year: State Requirements Expand Across the U.S. in 2026

Observed annually on January 28, Data Privacy Day raises awareness about privacy and data protection. As 2026 begins, the U.S ...
City & State New York

Here’s why you keep seeing Mamdani’s consumer protection commissioner everywhere

Just three weeks into Mayor Zohran Mamdani’s administration, the new commissioner of New York City’s Department of Consumer ...
Techlicious

Wire Transfer Scams Reveal a Dangerous Gap in Consumer Protection

Wire fraud losses often aren’t protected by the FDIC or the Electronic Funds Transfer Act. Here’s what banks cover, what they ...
FingerLakes1.com

Legality and consumer risk: when enforcement targets suppliers, not users

Legality is most visible when a country restricts who may offer a service domestically, while leaving individual use largely unpoliced. Online gambling markets show this clearly: domestic law can ...