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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On February 29, the Consumer Financial Protection Bureau (CFPB) issued a circular to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks. For information, click here.

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How to Remove CMRE Financial Services From Your Credit Report

Better Credit Blog

If you have an unpaid medical bill, you may begin to hear from a debt collector known as CMRE Financial Services. CMRE Financial Services is a collection agency that collects medical debts on behalf of hospitals and other healthcare businesses. What is CMRE Financial Services? Know Your Rights.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Specifically, the CDC harvested location data to track patterns of people visiting K-12 schools and to track the effectiveness of policy in the Navajo Nation. Privacy and Cybersecurity Activities: On May 3, Vice reported that the Center for Disease Control (CDC) tracked millions of Americans to see if they followed COVID-19 lockdown orders.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On July 9, President Joe Biden issued an executive order, requiring federal regulators to increase scrutiny of mergers and acquisition within the banking industry. Despite easing up on COVID-19 monitoring, New York City noted that it has more tools, such as “in home testing of people identified as close contacts of people who test positive.”

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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

August 14 is National Financial Awareness Day , making it an appropriate time to shine a spotlight on initiatives that can help improve consumer financial awareness in the collections space. Financial literacy during delinquency is just as important as planning for the future—and can even play a big part in financial future-planning.

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Responsible AI: Are European Firms Ready for the Regulators?

Fico Collections

In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations. Systems used in banking and financial services are firmly in scope and could be enforced as early as the second half of 2024.

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National Careers Week 2021: Why you should consider a career in the debt collection sector

CSA

Due to a company restructure following acquisition, I was unfortunate enough to be made redundant in late 2020. When I saw the role of Digital Marketing Executive at the Credit Services Association (CSA) being advertised, it appealed to me instantly because of both how niche and wide-ranging it was. s everyday lives.