CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms
Consumer Finance
JULY 24, 2024
The CFPB released a report on payment processing companies that help school districts process children’s school lunch payments.
Wed.Jul 24, 2024
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Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt
Account Recovery
JULY 24, 2024
A District Court judge in Florida has denied competing motions for summary judgment in a Fair Debt Collection Practices Act case, in a case that hinges on whether a consumer saying, “Okay. All right. Well, thank you for your assistance then. That’s all I really needed for now.
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EU Late payment reforms to be scrapped
UK debt collections
JULY 24, 2024
The European Commission is reportedly set to scrap a controversial overhaul of EU late payment rules after a lack of support from several EU member states. The Commission proposed in September last year to limit all payment terms to a maximum of 30 days, prompting warnings from trade bodies that the reforms could make it unviable for banks to support supply chain finance facilities and increase costs for SMEs.
Teachers’ Union Sues MOHELA For Allegedly Mismanaging Student Loan Collections
Account Recovery
JULY 24, 2024
The American Federation of Teachers (AFT) has filed a lawsuit against the Higher Education Loan Authority of the State of Missouri (MOHELA), accusing the loan servicer of widespread mismanagement and failure to fulfill its responsibilities to student loan borrowers.
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Daily Digest – July 24. Industry Mourns Passing of Eric Foulk; Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt
Account Recovery
JULY 24, 2024
Industry Mourns Passing of Eric Foulk Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt Teachers’ Union Sues MOHELA For Allegedly Mismanaging Student Loan Collections 23 Companies Seeking Collection Talent WORTH NOTING: Inside the 78 minutes that took down millions of Window’s computers last week … If you want to see […]
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