Red Flags Rule

KPA Acquires ComplyNet to Expand Capabilities and Expertise in Automotive Compliance

Retrieved on: 
Wednesday, October 18, 2023
Red Flags Rule, DOT, IRS, Providence Equity, Organization, Advertising, Acquisition, Environmental Health (journal), Software, OSHA, ABLE, EPA, Environment, EHS, Growth, Risk management, Risk, KPA, TD, Gramm–Leach–Bliley Act, Consultant, Privacy, Government, Financial services, Natural gas, Financial adviser, Safety, RV, COLUMBUS, Insurance

WESTMINSTER, Colo. and COLUMBUS, Ohio, Oct. 18, 2023 /PRNewswire-PRWeb/ -- Today, KPA, a leading provider of EHS (Environmental Health, and Safety) and Sales F&I (Sales, Finance, and Insurance) solutions, announced its acquisition of ComplyNet, a dealer compliance software company. ComplyNet provides end-to-end compliance software, encompassing Privacy and Safeguards (P&S), EHS, and Sales F&I and Advertising, designed for dealers in automotive, RV, power sports, marine, and other adjacent automotive segments.

Key Points: 
  • ComplyNet provides end-to-end compliance software, encompassing Privacy and Safeguards (P&S), EHS, and Sales F&I and Advertising, designed for dealers in automotive, RV, power sports, marine, and other adjacent automotive segments.
  • "As KPA works to expand our capabilities and expertise, we're excited to join forces with ComplyNet and provide dealers with a powerful, combined set of solutions..." said Chris Fanning, President and CEO of KPA.
  • We are excited to join forces with a true leader in dealership compliance, and together expand on our capabilities and expertise, and the exceptional value we offer to the industry."
  • With the combination of ComplyNet, KPA is even better positioned to meet the needs of customers in an increasingly regulated environment.

Aura Introduces Fraud Protection Program for Auto Dealers and Their Customers

Retrieved on: 
Wednesday, May 31, 2023
National Automobile Dealers Association, Theft, Partnership, Red Flags Rule, Gramm–Leach–Bliley Act, Identity theft, Brightness, ID, Federal Trade Commission, Sale, NADA, FTC, Safety, Car dealership, Cryptocurrency, Fraud

BOSTON, May 31, 2023 /PRNewswire/ -- Aura, the leader in intelligent safety, today introduced a new partnership with eLEND Solutions aimed at reducing and mitigating fraud for automotive dealerships and their customers. The partnership means auto dealers will have access to enhanced authentication tools during the purchase process, as well as post-purchase identity protection tools to aid in compliance with the new Federal Trade Commission (FTC) Safeguards Rule. eLEND Solutions, an automotive fintech company that works with thousands of auto dealers, is a specialist in identity verification and authentication technologies for auto dealerships.

Key Points: 
  • eLEND Solutions, an automotive fintech company that works with thousands of auto dealers, is a specialist in identity verification and authentication technologies for auto dealerships.
  • Through this protection program, Aura aims to keep dealerships and their customers safe from identity theft and financial fraud.
  • Endorsed by the Kentucky and Minnesota Automobile Dealers Associations, Aura's protection program features three core offerings:
    Aura Reseller Program: Dealers can proactively provide customers with Aura's #1 rated identity and fraud protection service, which offsets the growing cost of Red Flags Rule compliance.
  • Dealers have the option to offer one free year of Aura protection to customers as part of their commitment to protecting buyers from theft.

Direct Selling Self-Regulatory Council Refers BE Factor Earnings Claims to the Federal Trade Commission for Possible Enforcement

Retrieved on: 
Tuesday, January 25, 2022
Diamond, Bitcoin, Crypto, Income, Red Flags Rule, Telephone, Financial independence, Movement, Notice, Cash, BE, THE, Foreign exchange market, Teseo Tesei, FTC, Ethics, Achievement, CEO, Review, Beauty, View, Direct, Federal Trade Commission, Silicon, Law enforcement, Privacy, Cryptocurrency, Founder, Council, YouTube, Advertising, Multimedia, Gemini, DM, Social media, Public relations, Property management, Péter Melius Juhász, Facebook

MCLEAN,Va., Jan. 25, 2022 /PRNewswire/ -- The Direct Selling Self-Regulatory Council (DSSRC) of BBB National Programs referred certain earnings claims to the Federal Trade Commission (FTC) for possible enforcement action after BE Factor (also known as BE Rules and formerly known as Melius), a direct selling company that markets forex and cryptocurrency trading package subscriptions, failed to adequately respond to DSSRC's inquiry.

Key Points: 
  • MCLEAN,Va., Jan. 25, 2022 /PRNewswire/ -- The Direct Selling Self-Regulatory Council (DSSRC) of BBB National Programs referred certain earnings claims to the Federal Trade Commission (FTC) for possible enforcement action after BE Factor (also known as BE Rules and formerly known as Melius), a direct selling company that markets forex and cryptocurrency trading package subscriptions, failed to adequately respond to DSSRC's inquiry.
  • The earnings claims in question were brought to the company's attention by DSSRC as part of its ongoing independent monitoring of the direct selling marketplace.
  • Just blessed beyond what I can explain right now and excited for this Diamond season of 2020.
  • About the Direct Selling Self-Regulatory Council:The Direct Selling Self-Regulatory Council(DSSRC), a division of BBB National Programs,provides independent, impartial monitoring, dispute resolution, and enforcementoffalseproduct claims and income representations made by direct selling companies and their salesforce membersacross digitalplatforms.TheDSSRCseeks to establish high standards of integrity and business ethics for all direct selling companies in the marketplace.

FTC Seeks Comment on Identity Theft Detection Rules

Retrieved on: 
Tuesday, December 4, 2018
Identity documents, Identity theft, Red Flags Rule, Security, Security breaches, Corporate crime, Government, Federal Trade Commission, Crime, Red flag, Fair and Accurate Credit Transactions Act

The Federal Trade Commission is seeking comment on whether the agency should make changes to rules requiring that financial institutions and creditors take certain steps to detect signs of identity theft affecting their customers.

Key Points: 
  • The Federal Trade Commission is seeking comment on whether the agency should make changes to rules requiring that financial institutions and creditors take certain steps to detect signs of identity theft affecting their customers.
  • As part of the Commissions periodic review of all its rules and guides, the FTC is seeking comment on whether any modifications should be made to the Red Flags Rule and the Card Issuers Rule.
  • The Red Flags Rule requires financial institutions and some creditors to implement a written identity theft prevention program designed to detect the red flags of identity theft in their day-to-day operations, take steps to prevent it, and mitigate its damage.
  • The questions on which the FTC is seeking comment include:
    Is there a continuing need for the specific provisions of the Rules?

FTC Seeks Comment on Identity Theft Detection Rules

Retrieved on: 
Tuesday, December 4, 2018
Identity documents, Identity theft, Red Flags Rule, Security, Security breaches, Corporate crime, Government, Federal Trade Commission, Crime, Red flag, Fair and Accurate Credit Transactions Act

The Federal Trade Commission is seeking comment on whether the agency should make changes to rules requiring that financial institutions and creditors take certain steps to detect signs of identity theft affecting their customers.

Key Points: 
  • The Federal Trade Commission is seeking comment on whether the agency should make changes to rules requiring that financial institutions and creditors take certain steps to detect signs of identity theft affecting their customers.
  • As part of the Commissions periodic review of all its rules and guides, the FTC is seeking comment on whether any modifications should be made to the Red Flags Rule and the Card Issuers Rule.
  • The Red Flags Rule requires financial institutions and some creditors to implement a written identity theft prevention program designed to detect the red flags of identity theft in their day-to-day operations, take steps to prevent it, and mitigate its damage.
  • The questions on which the FTC is seeking comment include:
    Is there a continuing need for the specific provisions of the Rules?

Everybody comment now?

Retrieved on: 
Tuesday, December 4, 2018
Wagering, C+C Music Factory, Betting in poker, Things That Make You Go Hmmm..., Red Flags Rule, Everybody Dance Now, Entertainment, Oral literature, Vocal music

Willing to wager theres no plausible connection between 90s dance group C + C Music Factory and the FTCs just-announced request for public comment about the Red Flags Rule and the Card Issuers Rule, known collectively as the Identity Theft Rules ?

Key Points: 
  • Willing to wager theres no plausible connection between 90s dance group C + C Music Factory and the FTCs just-announced request for public comment about the Red Flags Rule and the Card Issuers Rule, known collectively as the Identity Theft Rules ?
  • You might just lose that bet and no, it has nothing to do with C + Cs ubiquitous hit, Everybody Dance Now.
  • But it has a lot to do with their other big hit, Things that Make You Go Hmmm.
  • Read the Request for Public Comment for a list of general and specific questions were asking.