Account Recovery
MARCH 18, 2024
A bill has been introduced in both chambers of Congress that would mandate a 32-hour workweek — with no corresponding loss in pay — for full-time workers in the United States, as a means of allowing employees to share in productivity gains that technology has created over the past several decades.
Troutman Sanders
MARCH 18, 2024
In a recent speech at the Financial Data Exchange Global Summit, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), discussed the current state of open banking in the United States and emphasized the importance of standard-setting organizations in the transition. He noted that these organizations play a crucial role in ensuring that the system is open and interoperable but warned against the potential of standard-setting to be used in an anti-competitive manner to benefit
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Account Recovery
MARCH 18, 2024
Judge Denies Defendant’s MJOP in FDCPA Case Chamber, CFPB Spar Over Late Fee Case; Investments Lead to Judge Recusal Bills Introduced in House, Senate to Lower Workweek to 32 Hours Compliance Digest – March 18 WORTH NOTING: A job posting for positions in Antarctica counting penguins is turning some heads … It’s not you getting […]
Troutman Sanders
MARCH 18, 2024
On February 20, the Wisconsin Senate passed House Bill (HB) 574 to regulate earned wage access (EWA) products and services. HB 574 creates a new chapter to the Wisconsin Statutes that requires EWA providers to be licensed by the Division of Banking and imposes substantive and disclosure rules. HB 574 expressly exempts EWA offered by licensees under the new law from the licensed loan company provisions in Wis.
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 18, 2024
The judge assigned to the case filed by the US Chamber of Commerce and other groups against the Consumer Financial Protection Bureau that challenges the regulator’s new credit card late fee rule recused himself late last week, and the case was then assigned to a judge considered to be just as conservative as his predecessor.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MARCH 18, 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.
Account Recovery
MARCH 18, 2024
A District Court judge in New Jersey has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case, shooting down each of the four arguments made by the defendant why the case should be ruled in its favor.
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