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Business Blog

FTC says banking app Beam made unbalanced claims

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A mobile banking app that promises consumers 24/7 access to their money and a high rate of interest? Sounds like a perfect 10. But according to a lawsuit filed by the FTC , San Francisco-based Beam...
Business Blog

“Reviewing the Franchise Rule” begins soon

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Interested in what’s going on with the Franchise Rule? Reviewing the Franchise Rule: An FTC Virtual Workshop begins at 1:00 Eastern Time today – Tuesday, November 10, 2020. Minutes before the start of...
Business Blog

Reviewing the Franchise Rule: What’s on the agenda?

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Buying a franchise is a major financial commitment for consumers. The Franchise Rule was put in place to ensure consumers have key information to weigh the risks and benefits of their potential...
Business Blog

50 years of the FCRA

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1970 saw the ban of cigarette advertising on TV, the debut of Doonesbury , the inaugural flight of the Boeing 747, and the start of the New York City Marathon. Another notable 1970 first celebrating...
Business Blog

Congratulations, Lois Greisman

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Pardon our pride, but we’re delighted to report that the most recent recipient of the Roger W. Jones Award for Executive Leadership is Lois Greisman, Associate Director of the FTC’s Bureau of Consumer...
Business Blog

The FTC Chairman is not writing to you

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If you saw an email from FTC Chairman Joseph Simons, it wasn’t. From him, that is. Scammers pretending to be him are emailing, though. They’re trying to trick you into turning over personal...
Business Blog

Fake government affiliation: A name game no one should play

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What’s in a name? According to an FTC lawsuit filed in April, if you’re an outfit that uses the name “SBA Loan Program” – and you falsely claim to be an approved lender for the Small Business...
Business Blog

National Small Business Week: Resilient and resolute

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It’s National Small Business Week, a time set aside annually to salute American’s 30 million small businesses – companies that employ almost half of the country’s private sector workforce. The special...
Business Blog

Data to Go is a GO today

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Data To Go: An FTC Workshop on Data Portability begins at 8:30 Eastern Time this morning, Tuesday, September 22, 2020. Hosted by the FTC’s Bureau of Competition and Bureau of Consumer Protection, the...