Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
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
Former Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has officially been sworn in as secretary of California's newly
Small business borrowers with delinquent COVID-19 Economic Injury Disaster Loan (EIDL) balances are raising questions about whether they received
The Australian Competition and Consumer Commission (ACCC) has filed proceedings in the Federal Court against debt collection agency ARMA
Atlanta and Miami ranked among the U.S. metropolitan areas with the highest rates of debt collection complaints in 2025,
Council tax arrears owed to local authorities in England climbed to a record £7.4 billion during the 2025-26 financial
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Johnson v. Credence Resource Management Decision
Case Snapshot Court: U.S. District Court for the District of Maryland Case: State of Maryland et al. v. U.S.
Global digital business services company TP said its AI-powered debt collection platform achieved debt recovery rates of up to
Legislative Snapshot Bill: H.R. 8777, the “Guidance Upholding Integrity through Defending Americans’ National Consumer Enforcement (GUIDANCE) Act of 2026”
South Korea’s efforts to improve credit access for financially vulnerable consumers are showing signs of strain as banks remain
Nacha has approved a rule change that will increase the per-transaction limit for Same Day ACH payments from $1 million
Case Snapshot Court: U.S. District Court for the Middle District of North Carolina Case: Custer v. Dovenmuehle Mortgage, Inc.
Case Snapshot Court: U.S. Court of Appeals for the Third Circuit Case: Bandes v. TransUnion LLC et al. Core
ALPHARETTA, Ga., May 19, 2026 /PRNewswire/ -- AARC-360, a PCAOB-registered firm of Certified Public Accountants and Advisors, today announced the successful
Abstract: CRS2026 brought together creditors, agencies, fintech leaders, attorneys, recovery professionals, and technology providers for three days of collaboration,
The Federal Communications Commission (FCC) has dismissed 11 out of 13 long-running TCPA-related petitions as part of a broader
California Gov. Gavin Newsom has appointed former Consumer Financial Protection Bureau Director Rohit Chopra to serve as secretary of
What people don’t understand, they often mistrust. This is exemplified by receivables management, an industry which is confined to
The New York City Department of Consumer and Worker Protection (DCWP) has proposed amendments to the city’s debt collection
Legislative Snapshot Bill: H 444, Uniform Consumer Debt Default Judgments Act Jurisdiction: Virginia Status: Enacted Effective Date: July 1,
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Latest News
- Snap Finance Reaches $664.9 Million Settlement With 17 States Over Lease-to-Own Practices
- Federal Court Preserves Jury Trial Rights in FTC Debt Relief Enforcement Case
- Alabama Court Rejects I.C. System’s Bona Fide Error Defense in FDCPA Case
- 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