Thu.Jul 25, 2024

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CFPB Sues Rent-a-Center Affiliate Acima and Acima’s Founder Aaron Allred for Illegal Lending Practices

Consumer Finance

The CFPB sued a group of companies known as Acima for illegal lending activities in connection with as many as five million consumer financing agreements.

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Daily Digest – July 25. Getting to Know Emily Adkins of Security Credit Services; Judge Denies MTD in FDCPA Case for Third Time

Account Recovery

Getting to Know Emily Adkins of Security Credit Services Judge Denies MTD in FDCPA Case for Third Time CFPB Warns Against Using NDAs to Block Whistleblowers Sen.

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Technology in credit management: 6 key learnings from 2024 

On Guard

Earlier in 2024, we surveyed 300+ CFOs and financial professionals in the Netherlands to study how they view current technology trends and their impact on the finance sector. The research findings were shared in four different whitepapers, entitled the FinTech Baropapers. Let’s sneak a peek at the key takeaways: #1 AI the leader in technology trends Although finance professionals see a major influence of big data (36%) and IoT (23%) on the financial process, they find AI (45%) the technology wit

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Getting to Know Emily Adkins of Security Credit Services

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.

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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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Post-judgment collection tools: Attaching a debtor’s bank account

Collections Law

At Law Offices of Alan M. Cohen & Associates LLC, our ethical commercial collections attorneys are well-known for their aggressive, relentless and innovative debt collection tactics. With more than 50 years of combined experience in commercial debt collection, they utilize debt collection strategies allowed under state and federal laws to help Massachusetts businesses get paid.

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CFPB Warns Against Using NDAs to Block Whistleblowers

Account Recovery

The Consumer Financial Protection Bureau yesterday issued a warning to law enforcement agencies and other regulators that companies requiring employees to sign broad confidentiality agreements can potentially violate the Consumer Financial Protection Act.

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Sen. Warren Introduces Bill to Codify Chevron Into Law

Account Recovery

A group of Democratic Senators, including Sen. Elizabeth Warren [D-Mass.] and Sen. Bernie Sanders [I-Vt.], have introduced S. 4749, the Stop Corporate Capture Act (SCCA), which aims to codify the Chevron doctrine into law, thereby restoring and protecting the regulatory authority of federal agencies.

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