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Credit and Finance

Federal Trade Commission (FTC)
National

FTC Warns Payment Giants Over Account Access Concerns

March 30, 2026March 29, 2026 - by Maryann Pugh

WASHINGTON, D.C. — Federal regulators warned major payment companies they could face enforcement action if they improperly deny customers access to financial services, citing concerns about account restrictions tied to …

FTC Warns Payment Giants Over Account Access Concerns Read More

Federal Trade Commission (FTC)
National

FTC Sends $47 Million in Refunds to Renters Over Hidden Fees

March 15, 2026March 14, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission is distributing more than $47.2 million in refunds to renters who were charged undisclosed fees and other unlawful costs by Invitation Homes, one …

FTC Sends $47 Million in Refunds to Renters Over Hidden Fees Read More
Alterra IOS
Regional

Alterra IOS Secures $100M Credit Facility as Industrial Storage Demand Surges

January 22, 2026January 20, 2026 - by Timothy Alexander

PHILADELPHIA, PA — Alterra IOS said it has closed a $100 million fund-level revolving credit facility with BMO, strengthening its balance sheet as competition accelerates across the industrial outdoor storage …

Alterra IOS Secures $100M Credit Facility as Industrial Storage Demand Surges Read More

Business News
Regional

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform

August 18, 2025August 16, 2025 - by Timothy Alexander

WILMINGTON, DE — Amalgam Rx, Inc. has secured a $20 million credit investment from Catalio Capital Management, a healthcare-focused investment firm, to accelerate the growth and deployment of its Medical-Grade …

Amalgam Rx Secures $20 Million Investment to Advance Medical-Grade AI Platform Read More
Innovative Solutions & Support, Inc.
Finance

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth

July 28, 2025July 26, 2025 - by Timothy Alexander

EXTON, PA — Innovative Solutions & Support, Inc. (NASDAQ: ISSC) has entered a new five-year, $100 million credit agreement arranged by JPMorgan Chase Bank, marking a significant increase in financial flexibility …

Innovative Solutions & Support Secures $100M Credit Facility to Fuel Growth Read More

Funds
National

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund

July 13, 2025July 13, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) announced it is distributing more than $2.9 million to consumers misled by Ygrene Energy Fund, a home-improvement financing company accused of deceptive …

FTC Sends $2.9 Million in Refunds to Homeowners Deceived by Ygrene Energy Fund Read More
Federal Trade Commission
National

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts!

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, over allegations of widespread fraudulent debt collection …

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts! Read More

Federal Trade Commission
National / Small Business

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has issued a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman, after allegations of deceptive practices targeting small business owners. …

FTC Takes Action to Shield Small Business Owners from $37M Scam by Seek Capital Read More
Federal Trade Commission
National

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily halting operations following a lawsuit filed by …

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats Read More
Department of Justice
National

DOJ Files Amended Complaint Against Dave Inc. and CEO Over Deceptive Practices

January 5, 2025January 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has escalated its legal action against online cash advance firm Dave Inc., referring the case to the U.S. Department of Justice (DOJ). The …

DOJ Files Amended Complaint Against Dave Inc. and CEO Over Deceptive Practices Read More

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