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 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
Case Snapshot Court: U.S. District Court for the Southern District of California Case: Cruz v. United Collection Bureau Inc.,
Artificial intelligence is becoming more prevalent in medical billing and debt collection, offering healthcare providers and collection agencies new
A new consumer payment survey from Solutions by Text and Datos Insights found that text message reminders are associated
More than one-quarter of U.S. adults reported that they or a family member had medical debt in 2025, and
Nearly 390,000 Minnesota Medicare beneficiaries could be forced to find new health or prescription drug coverage for 2027 as
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
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
A coding error kept Maryland’s Central Collection Unit (CCU) from pursuing wage garnishments on three accounts totaling $846,900, according
Case Snapshot Court: U.S. District Court for the Middle District of Pennsylvania Case: Sokolowski v. Falling Creek Builders, No.
Case Snapshot Court: U.S. District Court for the District of Oregon Case: State of New York, et al. v. Russell
A coalition of financial services and business organizations is calling on U.S. House leadership to advance legislation that would change
The global debt collection software market could more than double in value over the next decade as financial institutions, collection
The Federal Trade Commission is seeking public input on whether online platforms should have additional responsibilities for preventing advertisements
Consumer litigation produced mixed month-over-month results in August, but WebRecon’s latest data shows a clearer year-to-date trend: FDCPA, FCRA,
Legislative Snapshot Law: New York Buy-Now-Pay-Later Act, Banking Law Article 14-B Jurisdiction: New York Status: NYDFS has proposed implementing regulations
Case Snapshot Court: Fulton County Superior Court, Georgia Case: Georgia enforcement action against SDG Impact Fund Inc., SDG Global Impact
Reports of illegal private lending and debt collection problems are increasing in South Korea, with people in their 30s
Minnesota Attorney General Keith Ellison has reached a court-approved settlement with online lender Plain Green, LLC, ending a federal lawsuit
A federal court in Colorado has ruled that text messages do not qualify as “telephone calls” under a specific
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Latest News
- U.S. Household Debt Reaches $19.1 Trillion as Collections Remain Near Historic Lows
- Chicago Plans Expanded Debt Collection Efforts in 2027 as Recoveries Approach $120 Million
- Long Beach, California Advances Medical Debt Reporting Ordinance With Fines Up to $10,000
- Minnesota Medical Debt Settlement Highlights Hospital Billing and Collection Requirements
- FTC Halts Alleged $20 Million Phantom Debt Collection Operation