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Upromise

ENDURING CHANGES

Consumer financial services provider

Case-specific changes

03/03/2012

Upromise operates a membership service whereas consumer can receive cash rebates which are placed into a college savings account for the user. 

The FTC complaint alleged that they engaged in unfair and deceptive practices because, despite their claim that they had implemented reasonable measures to protect consumers' information from unauthorized access and that they encrypted consumer information while in transit, consumer information including financial account numbers and social security numbers were transmitted over the Internet in clear text, and Upromise failed to provide reasonable security training for its employees and failed to ensure its service provider was taking reasonable measures to secure consumer information, potentially allowing the capture and misuse of such data. 
 

UPromise

EPN/Checknet

Compete

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