Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
Massachusetts has barred an Avon-based debt collector and affiliated companies from operating in the state under a settlement that
U.S. Treasury Secretary Scott Bessent said China’s Belt and Road Initiative has increasingly shifted from financing infrastructure projects toward
Delaware has enacted significant changes to its consumer privacy law, including an expanded right for consumers to opt out
Pensioners in the United Kingdom could face tax bills as rising State Pension payments and savings interest push their
The California Privacy Protection Agency is warning data brokers that inaccurate information in their annual registrations can carry daily
Legislative Snapshot Bill: Michigan Senate Bill 1137, companion to House Bill 6230 Jurisdiction: Michigan Status: Passed Michigan Senate Sept. 10,
Collection leaders may be interested in using artificial intelligence (AI), but concerns about how employees will respond could be slowing
House lawmakers are moving forward with bipartisan legislation aimed at creating a more coordinated federal response to digital scams and
The Federal Communications Commission (FCC) has released a draft order that would change how businesses handle some consumer requests
South Korea is moving to expand the Financial Supervisory Service’s role in combating illegal private lending and unlawful debt
South Korean financial regulators are moving to standardize when financial firms must restrict debt collection against certain financially vulnerable
Case Snapshot Court: U.S. Supreme Court Case: Jeffrey Owen v. United States of America Petition Date: Aug. 12, 2026
A recent Congressional Research Service (CRS) report has identified new and developing disagreements among federal appeals courts over the
Sen. Bernie Sanders announced on August 17 that he plans to introduce legislation aimed at permanently blocking the federal
The CFPB has stopped publishing consumers’ written complaint narratives in its public Consumer Complaint Database, ending a practice that
Mumbai-based lending technology startup Rezolv has raised $12.5 million in Series A funding as it prepares to expand its
A South Korean appeals court has sentenced an unlicensed moneylender to three years and six months in prison in
Legacy Mortgage, LLC and a law firm it hired face a lawsuit in Puerto Rico over allegations that they
Case Snapshot Defendant: Amazon.com Inc. Court: U.S. District Court for the District of Columbia Agencies: U.S. Department of Justice
Capital One Financial Corp. is facing a proposed class action lawsuit in Florida alleging that the company placed debt
Australian Debt Collector Pays $59,400 After Regulator Raises Harassment, Misleading Notice Concerns
Australian debt collection company Marshall Freeman Collections Pty Ltd has paid $59,400 in penalties after the Australian Competition and
Minnesota Attorney General Keith Ellison has reached a settlement with Stevens Community Medical Center (SCMC) requiring the hospital to provide
Case Snapshot Court: U.S. District Court for the Southern District of Florida Case: Zagury v. Puragain Water Decision Date: Aug.
The New York City Department of Consumer and Worker Protection has released a new FAQ addressing its amended debt collection
Case Snapshot Defendant: RentGrow Inc. Court: U.S. District Court for the District of Columbia Agencies: U.S. Department of Justice and
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Latest News
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- Why Repeatability Matters More Than Novelty in Receivables Technology
- U.S. Household Debt Reaches $19.1 Trillion as Collections Remain Near Historic Lows