Account Recovery
NOVEMBER 11, 2024
It’s not often that both sides in a Fair Debt Collection Practices Act lawsuit get their motions granted at the same time, but a District Court judge in New Jersey pulled off the feat, ultimately remanding the case back to state court after the defendant was accused of attempting to collect on a debt without being properly licensed to collect in the state.
Consumer Finance
NOVEMBER 11, 2024
The CFPB released a report examining federal and state-level privacy protections for consumers’ financial data.
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Account Recovery
NOVEMBER 11, 2024
The good times keep rolling at Encore Capital Group, which reported a 58% jump in new income for the third quarter of 2024, compared with the same quarter last year, driven by its Midland Credit Management (MCM) operation, which continues to capitalize on record levels of charged-off debt available for purchase. Why it matters: The surge in U.S. charged-off debt and increased lending are creating unprecedented opportunities for debt buyers and collection agencies, signaling a significant shift i
Consumer Finance
NOVEMBER 11, 2024
Today, the CFPB published a report finding that state consumer privacy laws typically exempt entities covered by federal financial privacy laws.
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?
Account Recovery
NOVEMBER 11, 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.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
NOVEMBER 11, 2024
The Accounts Receivable Management and Revenue Cycle Management sectors are navigating significant headwinds that are reshaping how debts are collected heading into the final weeks of 2024, according to a report released recently by Corporate Advisory Solutions. Rising delinquencies, the return of student loan payments, and evolving credit reporting rules for medical debt are driving change across these sectors, which industry professionals need to keep in sharp focus.
Account Recovery
NOVEMBER 11, 2024
Judge Grants Motions from Both Sides in FDCPA Case ARM and RCM in Q3: Navigating Rising Challenges Encore Capital Reports Strong Q3 Performance Amid Record U.S. Debt Supply Compliance Digest – November 11 WORTH NOTING: A list of the best early Black Friday deals to help you get a jump on your holiday shopping … With all the hubbub about the presidential election, the fact that control of the House of Representatives is still up for grabs isn’t getting a lot of attention … You h
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