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Leveraged Loan Market Remains Cautious Heading into 2024
Although 21% of lenders expect the leveraged credit market to ease in 2024, a plurality believe conditions will remain similar to 2023, according to a recent FTI Consulting survey of nearly 250 leveraged loan professionals….
Auto Dealership Trends
Disciplined production, the ascendancy of electric vehicles (EVs), and the growing influence of online retailing are the major dealership trends identified by Cox Automotive. The industry will continue to be challenged by burgeoning vehicle inventories,…
FCC Adopts Regulations Requiring One-to-One Consent for Telemarketers, Closing a Common Lead Generation Loophole
The FCC recently adopted new laws requiring telemarketers to obtain consent to receive robocalls and robotexts one brand/seller at a time, rather than allowing a single instance of consent to apply to multiple brands. These…
FTC Announces New Rule Targeting Auto Purchase Scams, Including Bait-and-Switch Tactics and Hidden Junk Fees
The FTC has finalized the Combating Auto Retail Scams (CARS) Rule, which aims to protect consumers during the car purchase process by preventing common scams, including bait-and-switch tactics and hidden junk fees. According to FTC…
AI Revolutionizing Call Centers: Customer Service and Investment Redefined
AI is transforming the call center industry at lightning speed, redefining customer service as we know it and opening new frontiers for tech-driven investment opportunities. Studies from McKinsey Global Institute project that generative AI, capable…