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Grubhub will pay $25 million and make several changes to its operations to settle charges that it violated consumer stanley cup uk protection and competition laws.The proposed settlement covers charges from the Federal Trade Commission FTC and the Illinois attorney general, the FTC said in a Tuesday Dec. 17 press release.Those charges alleged that Grubhub deceived diners about delivery costs, blocked their access to their accounts and funds, deceived workers about how much money they would make delivering food, and listed restaurants on its platform without their permission, according to the release. Todays action holds G stanley hrnek rubhub to account, putting an end to these illegal practices and securing nearly $25 million for the people cheated by Grubhubs tactics, FTC Chair Lina M. Khan said in the release. There is no gig platform exemption to the laws on the books. This settlement is the culmination of a multiyear investigation into deceptive and illegal business practices perpetrated by Grubhub, Illinois Attorney General Kwame Raoul said in the release.Grubhub said in a Tuesday press release that it has cooperated with the FTC for years as the agency reviewed its business, that it appreciates the ongoing dialogue with the FTC, and tha stanley de t it will make changes to its platform to make it even easier for diners to understand the fees we charge, how we advertise earnings potential for delivery partners, and how we communicate about Grubhub+, among other updates. At Grubhub, were committed to t Einw Staples, Office Depot Extend Deal Deadline
Banking technology provider Cashplus is introducing a newγγapplication program interface API designed to allow small and medium-sized businesses SMBs to make mass payments to their vendors simultaneously.A press release Mon stanley us day Nov. 19 said Cashplus, based in the U.K., is launching its Payments API to allow small businesses to initiate payments for payroll, lending, accounting and other digital platforms all at once. The solution will be particularly useful for SMBs in the gig economy, the compan stanley polska y said, noting that the API could significantly cut down on fees imposed by traditional banks if SMBs were to initiate each of their transactions individually.The Payments API is rolling out ahead of the U.K. Open Banking deadline, which is this March, and will allow small business owners to streamline their payment processing operations and integrations with various suppliers. The tool will also support real-time access to data to enhance financial reporting and cash flow management.The release of the Payments API follows Cashplus ; launch of its Account API and Application API as the company builds out its suite of integrations that target business currency a stanley cup ccounts.This is only the beginning of our API roadmap initiatives, said CEO Rich Wagner in a statement last year.Payments messaging firm SWIFT recently reflected on the current state of the API ecosystem for the financial services industry, noting that, despite the progress financial institutions |
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