FTC

FLEETCOR Closes Out Chapter in FTC Case

Retrieved on: 
Friday, June 9, 2023

FLEETCOR Technologies, Inc. (NYSE: FLT), today announced that it received the anticipated court order in the FTC marketing practices and disclosure case.

Key Points: 
  • FLEETCOR Technologies, Inc. (NYSE: FLT), today announced that it received the anticipated court order in the FTC marketing practices and disclosure case.
  • As expected, the court order limits its injunctive relief to FLEETCOR’s fuel card business in the United States.
  • FLEETCOR reiterates that we believe the implementation of this order will not be material to the company’s financial performance.
  • “We’re pleased to close out this chapter of the FTC case,” said Ron Clarke, Chairman and CEO of FLEETCOR Technologies, Inc. “We remain committed to industry-leading transparency and offering our customers compelling products and services that provide significant value to help them run their businesses.”

Banking Expert Kerry Cantley Joins Mitek as VP of Digital Banking Strategy

Retrieved on: 
Thursday, June 8, 2023

Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy.

Key Points: 
  • Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy.
  • Cantley brings a distinguished 30-year career in the financial services industry to Mitek.
  • Cantley is a well-known innovator and inventor in banking, with more than 30 patents related to image processes and bank operations.
  • “Mitek is trusted by 99% of U.S. banks to power and protect their mobile check deposit systems,” said Mitek CEO Max Carnecchia.

New Apogee Cloud and Security Professional Services Simplify Higher Education Cloud Adoption and Strengthen Campus Security Posture

Retrieved on: 
Tuesday, June 6, 2023

From cloud readiness and migration projects to disaster recovery and information security planning, Apogee brings the expertise, tools, and processes higher education IT teams need to accelerate cloud adoption and strengthen their institutional security posture.

Key Points: 
  • From cloud readiness and migration projects to disaster recovery and information security planning, Apogee brings the expertise, tools, and processes higher education IT teams need to accelerate cloud adoption and strengthen their institutional security posture.
  • But many colleges and universities are struggling with limited cloud and security expertise and little time to devote to these strategies,” said Dave Fuhrmann, Apogee vice president of cloud services and security solutions.
  • These professional services include:
    Cloud Readiness Assessments create a mission-based cloud or hybrid cloud strategy and address staffing, budgeting, security, and planning parameters.
  • Components of the plan include:
    Programs by incident type including ransomware, email security breach, malware, denial of service, and more​;
    Apogee Cloud and Security Professional Services are available now.

Robotexts Increase While Robocalls Drop For Third Consecutive Month, According to Robokiller Insights

Retrieved on: 
Thursday, June 8, 2023

NEW YORK, June 8, 2023 /PRNewswire/ -- Americans received 14.2 billion robotexts and 4.6 billion robocalls in May, a 9% increase and 10% decrease, respectively, according to Robokiller Insights.

Key Points: 
  • NEW YORK, June 8, 2023 /PRNewswire/ -- Americans received 14.2 billion robotexts and 4.6 billion robocalls in May, a 9% increase and 10% decrease, respectively, according to Robokiller Insights.
  • The two categories continue to follow diverging paths — this marks the third consecutive month-over-month increase in SMS spam and the second consecutive month-over-month decrease in unwanted calls.
  • The decrease in robocalls can be attributed largely to the government's successful efforts to crack down on specific high-volume robocalls .
  • "As the FCC continues to successfully crack down on robocalls, Robokiller has confirmed yet another monthly decrease in spam call volume.

The Majority of Americans See Both 'Mechanical' and 'Molecular' Processes as Recycling, According to a Recent Survey by the Harris Poll, a Stagwell (STGW) Company

Retrieved on: 
Wednesday, June 7, 2023

When these processes are described, the majority of Americans say both mechanical (59%) and molecular (53%) processes very much describe their ideal view for plastic recycling.

Key Points: 
  • When these processes are described, the majority of Americans say both mechanical (59%) and molecular (53%) processes very much describe their ideal view for plastic recycling.
  • "This suggests an appetite for a circular economy for plastics, which can be facilitated through molecular recycling."
  • After being educated on these methods, consumer views on the characteristics implied by mechanical and molecular recycling are nearly identical.
  • In fact, roughly 9 in 10 Americans (89%) say plastic products made with materials derived from either mechanical or molecular recycling processes contain recycled content.

FrogData Introduces WarrantyBoost+: Revolutionizing Warranty Rate Enhancement With AI Platform for Service Analytics

Retrieved on: 
Tuesday, June 6, 2023

By leveraging our AI-driven warranty analytics platform, dealers can expect faster and more accurate results, ensuring optimal rate increases and improved profitability.

Key Points: 
  • By leveraging our AI-driven warranty analytics platform, dealers can expect faster and more accurate results, ensuring optimal rate increases and improved profitability.
  • WarrantyBoost+ is a Warranty Analytics Platform offered on an annual subscription model that includes a Service Dashboard and advanced KPI measurement capabilities.
  • "Our advanced AI Analytics Platform, coupled with the Service Dashboard and KPI tracking, enables dealers to monitor performance, reduce costs, and optimize revenues."
  • Key Features of WarrantyBoost+ include:
    AI-Driven Warranty Analytics: Frog Data's cutting-edge analytics platform analyzes Repair Order (RO) data to determine the best rate increase for dealers.

Beyond Borders 2023: Biotech is facing a complex path forward, says EY report

Retrieved on: 
Tuesday, June 6, 2023

Additionally, over 20 products representing nearly $200 billion in annual product sales are expected to lose patent protection by 2030.

Key Points: 
  • Additionally, over 20 products representing nearly $200 billion in annual product sales are expected to lose patent protection by 2030.
  • Biotech financing hit a rough patch: In 2022, all types of biotech financing – venture capital investment, debt financing, IPOs, follow-on, etc.
  • Arda Ural, PhD, EY Americas Industry Markets Leader, Health Sciences and Wellness, says:
    "Biotechs are facing a complex path ahead.
  • "The biotech sector should expect challenges and transformations in next few years as we prepare to scale the patent cliff," said Rich Ramko, EY US Biotech Leader.

Ford O'Brien Landy LLP Hires New Austin Partner

Retrieved on: 
Monday, June 5, 2023

NEW YORK, June 5, 2023 /PRNewswire/ -- Ford O'Brien Landy LLP, a white-collar defense and commercial litigation boutique law firm headquartered in New York City with offices in Miami, Florida and and Austin, Texas is pleased to announce that Michael (Mike) Piazza has joined the firm as partner, effective June 5, 2023. Mike will be based out of the firm's Austin office.

Key Points: 
  • I look forward to continuing the development of our Texas practice with Mike and the entire Austin team."
  • "Mike's addition to the Austin office will enhance our current offerings and strengthen the firm's leadership role within the white-collar criminal defense bar of Texas," said Matthew Ford, Managing Partner of Ford O'Brien Landy LLP's Austin office.
  • The Firm's Austin offices are located at 3700 Ranch Road 620 South, Suite B; Austin, Texas 78738.
  • Ford O'Brien Landy LLP represents clients in commercial disputes, white collar criminal matters, and regulatory investigations, throughout all stages of litigation/arbitration and appeals.

Lexington Law to Continue Fighting for Clients That Seek Credit Reports That are Fair, Accurate and Supported by Evidence

Retrieved on: 
Monday, June 5, 2023

Lexington Law (“Lexington” or “Firm”) today announced it has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Key Points: 
  • Lexington Law (“Lexington” or “Firm”) today announced it has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
  • The Firm continues serving its clients that are hamstrung by low credit scores, which are often a misrepresentation of the risk they present to creditors.
  • “We remain steadfast in our commitment to the consumers that continue trusting us to advocate on their behalf,” said John Heath, Directing Attorney of Lexington Law.
  • In accordance with the Court’s new interpretation, Lexington has ceased the billing practices that were the subject of the litigation.

Report tax identity theft with IdentityTheft.gov

Retrieved on: 
Sunday, June 4, 2023

Tax-related identity theft happens when someone uses your stolen Social Security number (SSN) to file a tax return and claim your refund.

Key Points: 
  • Tax-related identity theft happens when someone uses your stolen Social Security number (SSN) to file a tax return and claim your refund.
  • Now, the FTC and IRS have collaborated to let people report tax-related identity theft to the IRS online, using the FTC’s IdentityTheft.gov website.
  • by Craig Poshva
    If you have been a victim of tax identity theft (or any form of identity theft), file a report and get a personalized step-by-step recovery plan at www.IdentityTheft.gov.
  • You can report tax identity theft to the FTC and the IRS and get help.