Florida news and trends

FTC Bars Chargebacks911 From Using Deceptive Practices
Legal // November 07, 2023

The Federal Trade Commission (FTC) and “chargeback mitigation” company Chargebacks911 have reached a settlement to prevent the company from engaging in deceptive practices. The settlement also prohibits the company and its owners from working with certain high-risk clients to stop consumers trying to dispute credit card charges through the...

FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
Legal // April 12, 2023

Chargeback mitigation company Chargebacks911 has been sued by the Federal Trade Commission (FTC) and Florida. The lawsuit alleges that the company used unfair techniques on behalf of its clients against consumers who contested credit card charges, the FTC said in a Wednesday (April 12) press release. “Chargebacks911 helped scammers stay...

Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money
CBDC // March 20, 2023

Florida Gov. Ron DeSantis wants to ban central bank digital currencies (CBDCs). DeSantis has proposed legislation that would prohibit the use of both federal and foreign CBDC as money, and called on others states to do the same by adding such prohibitions to their uniform...

Florida’s Cogent Bank Integrates Blockchain-Based Platform
Blockchain // June 28, 2022

Florida’s Cogent Bank has launched a digital banking platform for B2B clients using a blockchain-based payments platform from TassatPay, the technology company announced Tuesday (June 28). Banks are using TassatPay “to facilitate real-time payments by their B2B clients,” Kevin R. Greene, Tassat’s chairman and chief...

Quick Reads
Private Equity Firm TPG Enters Vacation Rental Market in Florida

November 07, 2023
Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals similar to Airbnb. Unlike other private-equity firms and institutional investors, TPG has opted for short-term rentals instead of longer lease periods, according to the Wall Street Journal Tuesday (Nov. 7). […]

FTC Bars Chargebacks911 From Using Deceptive Practices

November 07, 2023
The Federal Trade Commission (FTC) and “chargeback mitigation” company Chargebacks911 have reached a settlement to prevent the company from engaging in deceptive practices. The settlement also prohibits the company and its owners from working...

FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques

April 12, 2023
Chargeback mitigation company Chargebacks911 has been sued by the Federal Trade Commission (FTC) and Florida. The lawsuit alleges that the company used unfair techniques on behalf of its clients against consumers who contested credit...

Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money

March 20, 2023
Florida Gov. Ron DeSantis wants to ban central bank digital currencies (CBDCs). DeSantis has proposed legislation that would prohibit the use of both federal and foreign CBDC as money, and...