this post was submitted on 29 Mar 2026
245 points (98.8% liked)

Technology

83184 readers
3897 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
245
Visa, Mastercard, PayPal, Stripe warned of debanking consequences (www.bankingdive.com)
submitted 7 hours ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
23 comments fedilink hide all child comments
 

The CEOs of Visa, Mastercard, PayPal Holdings and Stripe received letters Thursday from Federal Trade Commission Chair Andrew Ferguson, who demanded they not discriminate against customers based on political or religious grounds.

The FTC threatened enforcement action if customers are denied services for those reasons.

Any act to “deplatform customers or deny them access to financial products or services” may violate the Federal Trade Commission Act and “could lead to an FTC investigation and potential enforcement action,” the agency said in a Thursday press release. The FTC didn’t cite any specific infractions by the companies.

The commission is typically made up of five members, but has just two at the moment. President Donald Trump last fired two of the Democrats who sat on the commission.

you are viewing a single comment's thread
view the rest of the comments
[–] rozodru@piefed.world 53 points 5 hours ago (1 children)

yeah this isn't suspicious at all.

[–] JasonDJ@lemmy.zip 30 points 5 hours ago (1 children)

And certainly wouldn't be selectively enforced anyway. This is 100% "rules for thee not for me" shit.

Like if they get debanked for "religious" or "political" reasons (esp. when they are the ones politicizing literally everything), it's a crime.

Things that they consider political but sensible people consider "human rights", tho? They sleep.

[–] wizardbeard@lemmy.dbzer0.com 2 points 1 hour ago

Totally a slow reaction to all the right wing stuff like info wars that was being debanked a number of years ago.

Wikileaks? What was that?