Account Recovery

DECEMBER 9, 2024

The Consumer Financial Protection Bureau on Friday announced it had filed a lawsuit against Comerica Bank, accusing it of systematically harming three million Direct Express cardholders, many of whom rely on Social Security and other federal benefits. Comerica is alleged to have deliberately disconnected more than 24 million customer service calls, charged illegal ATM fees to more than one million cardholders, and mishandled fraud claims.

Banks 130

Banks 130

Account Recovery

DECEMBER 9, 2024

The Court of Appeals for the Second Circuit has affirmed a ruling in favor of the defendant in a Fair Credit Reporting Act case, ruling that the plaintiff failed to demonstrate a concrete injury as required to establish standing in federal court. The background: The case stemmed from the plaintiffs long-standing dispute with the defendant, a credit reporting agency.

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Account Recovery

DECEMBER 9, 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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Foreclosure Collateral Fair Debt Collection Law Firms 130

Account Recovery

DECEMBER 9, 2024

Chopra Makes First Public Comments Since Calls to Delete CFPB Appeals Court Affirms Ruling for Defendant in FCRA Case CFPB Sues Bank, Alleges it Disconnected 24 Million Calls Compliance Digest December 9 WORTH NOTING: The best classical albums of 2024 … Advice from the TSA if you are flying with Christmas gifts during the holiday season … A lot of people feel pressured to spend money on gifts during the holidays and the most common culprit is family … How to avoid pickpockets

Banks 130

Banks 130

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

DECEMBER 9, 2024

Rohit Chopra made his first public comments about Elon Musk’s call to “delete” the Consumer Financial Protection Bureau this weekend, while a published report in The New York Times said that the Bureau is “likely here to stay. Chopra also addressed his future at the CFPB, which is likely to end when President Trump takes office in January. “I don’t even know what it means,” Chopra said during a televised interview on MSNBC. “When you say you’

Financial Institution 130

Financial Institution Financial services Government 130