Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Consumer Data Industry Association (CDIA) has approved a new Metro 2 Special Comment Code designed to give lenders
The U.S. Senate Committee on Banking, Housing, and Urban Affairs has scheduled a confirmation hearing for Brian Johnson, President
The U.S. Small Business Administration (SBA) has suspended 7,800 borrowers in Wisconsin who are allegedly connected to approximately $375
The Canadian Home Improvement Credit Corporation (CHICC) has agreed to refund approximately C$113,000 to affected consumers in British Columbia following
Court Case Snapshot Case Name: Arizona ex rel. Mayes v. Michael D. Lansky, L.L.C., et al. Court: U.S. District Court
State and local courts across the United States continued to experience a sharp increase in consumer debt collection lawsuits
The New York City Department of Consumer and Worker Protection (DCWP) has postponed the implementation of its SHIELD Rule
Massachusetts Governor Maura Healey has proposed new regulations that would prevent certain healthcare providers and the debt collectors working
Hawaii has launched a new medical debt relief program that is expected to eliminate about $91 million in medical
South Korea is moving to curb a long-standing debt collection practice that has allowed financial institutions to extend the
State and local courts across the United States continued to experience a sharp increase in consumer debt collection lawsuits
The New York City Department of Consumer and Worker Protection (DCWP) has postponed the implementation of its SHIELD Rule
Massachusetts Governor Maura Healey has proposed new regulations that would prevent certain healthcare providers and the debt collectors working
Hawaii has launched a new medical debt relief program that is expected to eliminate about $91 million in medical
South Korea is moving to curb a long-standing debt collection practice that has allowed financial institutions to extend the
A major restructuring of the federal student loan system may soon be written into law. House Republicans have introduced
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
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