Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
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
Case Snapshot Court: U.S. Court of Appeals for the Seventh Circuit Case: Steidinger v. Blackstone Medical Services, No. 25-2398
Michigan Gov. Gretchen Whitmer has vetoed two debt collection and garnishment bills that had been delayed for more than
Pennsylvania is seeing significant changes affecting the accounts receivable management industry, with new court procedures aimed at speeding up
A Kansas nonprofit hospital has agreed to settle 11 medical debt collection cases. The lawsuits alleged that patients who
A new national poll released by the Center for Responsible Lending (CRL) and Americans for Financial Reform (AFR) indicates that
Brazil has moved a step closer to strengthening consumer protections against unwanted telephone calls. This happened after a Senate
More than 1.3 million Australian small businesses collectively owe significant tax debt to the Australian Taxation Office (ATO), with
The Consumer Financial Protection Bureau has paused plans to reduce its workforce until a permanent director is confirmed, as
Delaware has enacted a sweeping package of financial services legislation aimed at modernizing the state's banking laws and preparing
The average American now owes significantly more than they earn in a year, highlighting the growing financial pressure facing
Rhode Island has enacted new financial and governance requirements for certain nonbank mortgage servicers. The legislation reflects a broader trend
Case Snapshot Court: U.S. District Court for the District of Oregon Case: Wilson v. MAH Group, Inc., No. 6:25-cv-00855-MTK Decision
Farmers Insurance has agreed to pay $2.87 million to resolve a class action lawsuit alleging violations of the Telephone
Case Snapshot Court: U.S. District Court for the Central District of California Case: Model v. LendingTree, Inc., No. 8:26-cv-01749
The Consumer Financial Protection Bureau has taken the first procedural step toward revisiting federal regulation of credit card late
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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