Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
TransUnion announced Oct. 20 the launch of two fraud detection scores that allow lenders to identify synthetic identity fraud
South Korean financial institutions increased debt collection outsourcing by 14.6% in 2025, transferring an additional 7.6 trillion won ($5.3
The Federal Trade Commission is warning consumers about online influencers promoting fraudulent credit repair tactics, while recent enforcement actions
The Trump administration is reportedly preparing to hire private debt collection agencies and resume involuntary collections on defaulted federal
The Social Security Administration announced a 3.6% cost-of-living adjustment (COLA) for 2027, increasing benefits for approximately 76 million Americans
Case Snapshot Court: U.S. District Court for the Northern District of California Case: Sweet v. McMahon Decision Date: No
The Government Accountability Office (GAO) found that mortgage trigger leads provided limited comparison-shopping benefits to homebuyers while generating substantial volumes
Kroger Co. plans to eliminate approximately 3,000 corporate positions over the next three years, reducing its corporate workforce by
Case Snapshot Court: U.S. District Court for the Southern District of California Case: Cruz v. United Collection Bureau Inc.,
Artificial intelligence is becoming more prevalent in medical billing and debt collection, offering healthcare providers and collection agencies new
TransUnion announced Oct. 20 the launch of two fraud detection scores that allow lenders to identify synthetic identity fraud
South Korean financial institutions increased debt collection outsourcing by 14.6% in 2025, transferring an additional 7.6 trillion won ($5.3
The Federal Trade Commission is warning consumers about online influencers promoting fraudulent credit repair tactics, while recent enforcement actions
The Trump administration is reportedly preparing to hire private debt collection agencies and resume involuntary collections on defaulted federal
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The Social Security Administration announced a 3.6% cost-of-living adjustment (COLA) for 2027, increasing benefits for approximately 76 million Americans
Case Snapshot Court: U.S. District Court for the Northern District of California Case: Sweet v. McMahon Decision Date: No
The Government Accountability Office (GAO) found that mortgage trigger leads provided limited comparison-shopping benefits to homebuyers while generating substantial volumes
Kroger Co. plans to eliminate approximately 3,000 corporate positions over the next three years, reducing its corporate workforce by
Case Snapshot Court: U.S. District Court for the Southern District of California Case: Cruz v. United Collection Bureau Inc.,
Artificial intelligence is becoming more prevalent in medical billing and debt collection, offering healthcare providers and collection agencies new
A new consumer payment survey from Solutions by Text and Datos Insights found that text message reminders are associated
More than one-quarter of U.S. adults reported that they or a family member had medical debt in 2025, and
Nearly 390,000 Minnesota Medicare beneficiaries could be forced to find new health or prescription drug coverage for 2027 as
A driver in the United Kingdom successfully challenged a parking charge after a three-year dispute with a private parking company,
Colorado Attorney General Phil Weiser's office released revised proposed rules Oct. 6 implementing the state's Automated Decision-Making Technology Act and
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Latest News
- TransUnion Launches Fraud Scores for Credit Denials, Targeting Credit Washing and Synthetic Identities
- South Korea Debt Collection Outsourcing Surges 14.6% as Lenders Cut Costs
- The Business of Bad Debt Advice: How Scams Exploit Consumers Struggling With Debt
- Treasury Reportedly Preparing to Hire Private Debt Collectors for Defaulted Student Loans
- Social Security COLA Set at 3.6% for 2027, but FERS Retirees Receive Less