Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Consumer Financial Protection Bureau's recent website overhaul has triggered debate among consumer advocates, compliance professionals, financial institutions, and
Case Snapshot Court: U.S. Court of Appeals for the Eleventh Circuit Case: Gregory Light v. LVNV Funding, LLC and
As 2026 unfolded, one trend became impossible to ignore: state legislatures are no longer waiting on federal direction. Instead, they
A new market forecast from Verified Market Reports projects continued growth for the global debt collection services industry over the
Abstract: Landmark Strategy Group has appointed Jamie Burns-Ostapenko as Senior Director of Outsourcing. Burns-Ostapenko brings deep experience in outsourcing,
Case Snapshot Court: U.S. District Court for the District of Columbia Case: National Fair Housing Alliance et al. v.
South Korea's Financial Services Commission (FSC) has unveiled sweeping reforms that would fundamentally reshape the country's purchased receivables collection
Case Snapshot Court: Colorado Supreme Court Case: Wright v. Portfolio Recovery Associates, LLC Decision Date: May 26, 2026 Core
Virginia's unemployment insurance program wrote off roughly $300 million in overpayments while recovering only about $6 million over a
Abstract: Landmark Strategy Group is pleased to announce the appointment of Jeff Burgess as Director of Legal Network. With 28
Case Snapshot Court: Circuit Court of Cook County, Illinois Case: Smith v. Alliance Collection Agencies, Inc. Core Issue: Whether an
The Federal Reserve’s latest Financial Stability Report found that the U.S. financial system remained resilient overall, though officials warned that
Case Snapshot Court: Colorado Supreme Court Case: VP Fruition Holdings, LLC v. Joel Farkas Core Issue: Whether creditors must first
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Zelma v. Wonder Group Inc. Decision
Illinois House Bill 4461 has passed both chambers and is headed to Gov. JB Pritzker, advancing a proposed restriction
More than 3.6 million federal student loan borrowers entered default over the past two quarters as the long-delayed consequences
Abstract: Debt collection plays a critical role in sustaining the credit ecosystem by managing repayment risk, enabling lenders to
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
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Latest News
- Philippines SEC Fines HC Consumer Finance for Abusive Debt Collection Practices
- Sixth Circuit Revives FDCPA, Michigan Collection Claims Against Oklahoma Law Firm
- Behavioral Intelligence and the Future of Consumer Engagement in Collections
- South Korea Revises Debt Sale Guidelines to Keep Creditors Accountable After Delinquent Debt Sales
- Virginia Introduces Major Financial Services Reforms Affecting Banks, Lenders, and Debt Collectors