Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Federal Reserve Board is seeking public comment on a proposal that would establish a new type of “payment account”
Case Snapshot Court: Circuit Court of Cook County, Illinois Case: Smith v. Alliance Collection Agencies, Inc. Core Issue: Whether an
The Federal Reserve’s latest Financial Stability Report found that the U.S. financial system remained resilient overall, though officials warned that
Case Snapshot Court: Colorado Supreme Court Case: VP Fruition Holdings, LLC v. Joel Farkas Core Issue: Whether creditors must first
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Zelma v. Wonder Group Inc. Decision
Illinois House Bill 4461 has passed both chambers and is headed to Gov. JB Pritzker, advancing a proposed restriction
More than 3.6 million federal student loan borrowers entered default over the past two quarters as the long-delayed consequences
Abstract: Debt collection plays a critical role in sustaining the credit ecosystem by managing repayment risk, enabling lenders to
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Johnson v. Credence Resource Management Decision
Case Snapshot Court: U.S. District Court for the District of Maryland Case: State of Maryland et al. v. U.S.
The Federal Reserve Board is seeking public comment on a proposal that would establish a new type of “payment account”
Case Snapshot Court: Circuit Court of Cook County, Illinois Case: Smith v. Alliance Collection Agencies, Inc. Core Issue: Whether an
The Federal Reserve’s latest Financial Stability Report found that the U.S. financial system remained resilient overall, though officials warned that
Case Snapshot Court: Colorado Supreme Court Case: VP Fruition Holdings, LLC v. Joel Farkas Core Issue: Whether creditors must first
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Zelma v. Wonder Group Inc. Decision
Illinois House Bill 4461 has passed both chambers and is headed to Gov. JB Pritzker, advancing a proposed restriction
More than 3.6 million federal student loan borrowers entered default over the past two quarters as the long-delayed consequences
Abstract: Debt collection plays a critical role in sustaining the credit ecosystem by managing repayment risk, enabling lenders to
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Johnson v. Credence Resource Management Decision
Case Snapshot Court: U.S. District Court for the District of Maryland Case: State of Maryland et al. v. U.S.
Global digital business services company TP said its AI-powered debt collection platform achieved debt recovery rates of up to
Legislative Snapshot Bill: H.R. 8777, the “Guidance Upholding Integrity through Defending Americans’ National Consumer Enforcement (GUIDANCE) Act of 2026”
South Korea’s efforts to improve credit access for financially vulnerable consumers are showing signs of strain as banks remain
Nacha has approved a rule change that will increase the per-transaction limit for Same Day ACH payments from $1 million
Case Snapshot Court: U.S. District Court for the Middle District of North Carolina Case: Custer v. Dovenmuehle Mortgage, Inc.
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Latest News
- Federal Reserve Proposes New Payment Account Framework for Fintech Access
- Illinois Court Applies State Supreme Court Standing Standard to Dismiss FDCPA Class Action
- Fed Report Flags Elevated Consumer Delinquencies, Private Credit Risks, and Geopolitical Pressures
- Colorado Supreme Court Declines to Weigh In on Post-Judgment Debt Collection Subpoena Dispute
- Yrefy’s Community Impact: Advancing Borrower Success While Giving Back