Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
Legislative Snapshot Bill: S. 4097, State-Based Education Loan Awareness Act Jurisdiction: United States Senate Status: Advanced by the Senate
New Jersey Governor Mikie Sherrill has announced her intention to nominate Christopher L. Peterson as Director of the New
The Senate Judiciary Committee has postponed a scheduled vote on whether to advance Todd Blanche’s nomination as U.S. attorney
Nearly one in five federal student loan borrowers in Illinois is now in default, underscoring the financial challenges many borrowers
North Carolina Attorney General Jeff Jackson is leading a bipartisan coalition of 50 attorneys general in urging the Federal
Chile's government has begun an aggressive effort to recover overdue student loan debt, targeting hundreds of thousands of borrowers
A recent ruling by the U.S. Court of Appeals for the Seventh Circuit, along with several district court decisions,
The Consumer Financial Protection Bureau could see an unusual leadership arrangement in the coming weeks, with reports indicating that
An independent audit of the Australian Taxation Office (ATO) is urging the agency to adopt measurable targets for reducing small
The Consumer Financial Protection Bureau (CFPB) has implemented significant changes to its consumer complaint system, introducing new identity verification requirements,
South Korea’s Financial Services Commission is moving to revise its debt collection and sale guidelines to require financial institutions to
Virginia's 2026 legislative session has enacted a series of regulatory changes that will affect financial institutions across the state.
Case Snapshot Court: Suffolk County Superior Court (Massachusetts) Case: Commonwealth of Massachusetts v. East Coast Financial, Assessment Resolution, LLC,
South Korea's financial regulators are escalating their fight against illegal debt collection practices, warning unlicensed private lenders that publicly
Case Snapshot Court: U.S. District Court for the Northern District of Illinois Case: Illinois Bankers Association et al. v.
Team development highlights company’s dedication to honoring employees and clientsGREENVILLE, S.C. – InvestiNet, a full-service collections network and strategic partner
Several U.S. financial regulators have finalized a joint rule establishing common data standards under the Financial Data Transparency Act
The Federal Reserve's June Supervision and Regulation Report indicates that the U.S. banking sector remains in a strong position,
Case Snapshot Court: U.S. Court of Appeals for the Ninth Circuit Case: United States v. Rhodes, No. 24-4277 Decision
Case Snapshot Court: U.S. District Court for the Western District of Tennessee Case: Reaves Law Firm, PLLC v. Baker,
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: In re American Medical Collection Agency,
The U.S. Treasury Department is preparing to take over servicing of $179 billion in defaulted federal student loans owed
Abstract: Behind every successful recovery strategy lies a set of metrics that reveal how effectively organizations engage consumers, manage
Case SnapshotCourt: U.S. District Court for the District of DelawareCase: Neal v. Transworld Systems, Inc., No. 25-218-JLH-EGTDecision Date: June 10,
A court in Malaysia has dismissed a RM9 million lawsuit filed by debt collection agency Trinity Advance Sdn Bhd
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