Account Recovery

MARCH 4, 2024

Judge Grants MSJ For Defendant in FDCPA Case Over ID Theft Claim Bill Introduced in House to Remove Certain Medical Debts from Native Americans’ Credit Reports The Power of a Virtual Assistant in Your Organization Compliance Digest – March 4 WORTH NOTING: The best smart security devices to help your home feel safe … Why […]

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Consumer Finance

MARCH 4, 2024

The Consumer Financial Protection Bureau (CFPB) ) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.

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Account Recovery

MARCH 4, 2024

A blog post from Klarna, a Buy Now, Pay Later fintech company, started making the rounds in the collection industry last week, and has been turning a lot of heads.

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Consumer Finance

MARCH 4, 2024

The Consumer Financial Protection Bureau is taking action to rein in junk fees on credit cards, increase competition, and put billions of dollars back in the pockets of American families.

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Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

MARCH 4, 2024

A bipartisan bill has been introduced in the House of Representatives to amend the Fair Credit Reporting Act by restricting certain types of medical debt from appearing on the credit reports of Native Americans as a means of protecting them from wrongfully charged medical bills that are actually owed by the Indian Health Service.

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Account Recovery

MARCH 4, 2024

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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PDC Flow

MARCH 4, 2024

Text messaging with PDCflow has never been better! For two decades, our company has provided compliant, reliable, affordable tools that make it simple to take payments, send documents, get esignatures, and more. Now, PDCflow has enhanced our software to include text message API services. This allows any company to take advantage of our white-labeled texting solution for better customer communication – directly from their system of record.

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Account Recovery

MARCH 4, 2024

A District Court judge in New York has given the final heave-ho to a Fair Debt Collection Practices Act case by granting the defendant’s motion for summary judgment over the language used in a communication sent by the defendant to the plaintiff after the plaintiff claimed to be the victim of identity theft.

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Consumer Finance

MARCH 4, 2024

La CFPB finalizó hoy una normativa que corta el cobro de excesivas penalidades por atraso en tarjetas de crédito al cerrar un vacío legal, explotado por los grandes emisores de las mismas.

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Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Banks

Troutman Sanders

MARCH 4, 2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities On March 1, as part of National Consumer Protection Week (NPCW), the Federal Trade Commission (FTC) and its partners, including consumer organizations, national advocacy organizations, and other federal, state, and local government agencies participated

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