Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
Case Snapshot Court: U.S. District Court for the Southern District of California Case: United States v. Stratics Networks Inc.
Case Snapshot Court: U.S. District Court, Northern District of Alabama Case: Little v. I.C. System Inc., No. 2:24-cv-1636-ACA Decision
TransUnion announced Oct. 20 the launch of two fraud detection scores that allow lenders to identify synthetic identity fraud
South Korean financial institutions increased debt collection outsourcing by 14.6% in 2025, transferring an additional 7.6 trillion won ($5.3
The Federal Trade Commission is warning consumers about online influencers promoting fraudulent credit repair tactics, while recent enforcement actions
The Trump administration is reportedly preparing to hire private debt collection agencies and resume involuntary collections on defaulted federal
The Social Security Administration announced a 3.6% cost-of-living adjustment (COLA) for 2027, increasing benefits for approximately 76 million Americans
Case Snapshot Court: U.S. District Court for the Northern District of California Case: Sweet v. McMahon Decision Date: No
The Government Accountability Office (GAO) found that mortgage trigger leads provided limited comparison-shopping benefits to homebuyers while generating substantial volumes
Kroger Co. plans to eliminate approximately 3,000 corporate positions over the next three years, reducing its corporate workforce by
A driver in the United Kingdom successfully challenged a parking charge after a three-year dispute with a private parking company,
Colorado Attorney General Phil Weiser's office released revised proposed rules Oct. 6 implementing the state's Automated Decision-Making Technology Act and
Global call center employment has declined for eight consecutive quarters, according to new research from Revelio Labs, raising questions
American Express National Bank has been fined $350 million by the Office of the Comptroller of the Currency (OCC)
Case Snapshot Court: Consumer Protection BC, administrative enforcement proceeding, Canada Case: Toledo Credit Inc., enforcement files 32170, 32171, 32172,
Chicago officials say the city has collected 75% of debt from the past three years while expanding financial relief
Case Snapshot Court: U.S. District Court for the Southern District of Ohio Case: Ramsey v. Receivables Performance Management LLC
The federal student loan portfolio has climbed above $1.7 trillion, while the number of borrowers in default increased by approximately
Experian has launched a new consumer reporting agency designed to bring consumer-permissioned bank account data into credit underwriting under the
California is expanding its oversight of small business commercial financing with a new licensing framework that will bring providers and
The Commodity Futures Trading Commission is moving ahead with plans to establish a federal regulatory framework for certain cryptocurrency
The Nasdaq Composite reached an all-time high Monday, extending a technology-driven market rally even as Treasury yields climbed to
The U.S. Department of Education and U.S. Department of the Treasury have launched a new online center designed to
Former Glassdoor and Morgan Stanley executives Chris McNamara and Brendan Lee join the AI-native collections company from 1 October,
The Texas State Commission on Judicial Conduct has publicly reprimanded a Lubbock County justice of the peace. This has
Submit a Press Release
Submit your press release editorial consideration. We welcome articles highlighting trends, innovations, and updates in the collections industry.
Latest News
- Minnesota Medical Debt Settlement Highlights Hospital Billing and Collection Requirements
- FTC Halts Alleged $20 Million Phantom Debt Collection Operation
- TrueML Products Introduces Penelope, Integrated Voice AI Built for Debt Collection
- Dormant Judgment Segmentation Helps Collection Teams Focus Resources
- Washington Governor Orders Six-Month Pause on New Regulations, Launches Statewide Review