Tue.Dec 24, 2024

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Zillennials Reshaping Payment Trends: Report

Account Recovery

Zillennials, individuals born between 1991 and 1999, are influencing payment preferences as their spending power grows. This tech-savvy generation favors digital wallets, eschews cash, and is cautious with credit cards. For professionals in the credit and collection industry, understanding these preferences is critical to meeting consumers where they are.

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Suit Seeks $6k for Not Honoring Cease Request

Account Recovery

EDITORS NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!

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The FCC Under Brendan Carr: What to Expect

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The Wall Street Journal offers an insightful profile of Brendan Carr, the newly appointed chair of the Federal Communications Commission in the Trump administration, who is shaping up to be a pivotal figure in telecom regulation. His agenda combines deregulation, an activist stance on conservative censorship, and policies favoring rapid technological deployment, including initiatives that could impact communication channels central to collection efforts, according to the report.

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Daily Digest – December 24. Suit Seeks $6k for Not Honoring Cease Request; CFPB Continues Aggressive Enforcement Trend With Two New Lawsuits

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Suit Seeks $6k for Not Honoring Cease Request CFPB Continues Aggressive Enforcement Trend With Two New Lawsuits Zillennials Reshaping Payment Trends: Report The FCC Under Brendan Carr: What to Expect WORTH NOTING: A keyboard that costs as much, and more, than some computers … Tips to help you get better rest during the holiday season … The top mistakes that may expose your financial information to cybercriminals … The best new apps of 2024 … Macaulay Culkin came very clos

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Solve Your Firms Automation Complexities Once and For All

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.

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CFPB Continues Aggressive Enforcement Trend With Two New Lawsuits

Account Recovery

The Consumer Financial Protection Bureau yesterday announced it had filed two lawsuits against Rocket Homes and Walmart accusing one of of an alleged kickback scheme and the other of forcing employees to open costly products in order to get paid. The suits underscore the Bureau’s intensified focus on protecting consumers from anti-competitive practices and deceptive behaviors.