Fri.Jun 07, 2024

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Judge Dismisses FCRA, FDCPA Claims For Failure to State Claim

Account Recovery

A District Court judge in North Carolina has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Credit Reporting Act and the Fair Debt Collection Practices Act, ruling that the plaintiff’s amended complaint did not contain enough information to allege that a violation of either statute had taken place.

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Collector Accused of Forcing ID Theft Victim to Pay Debt

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Number of Deepfake Attacks Against Contact Centers Growing: Report

Account Recovery

Deepfake attacks are becoming a significant threat to contact centers, according to a report from Pindrop, a company focused on voice technology that works with companies in the financial services industry. The report highlights a worrying trend: fraudsters are increasingly using deepfake technology to deceive contact center agents and commit financial fraud.

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Acting Comptroller Discusses Importance of Consumer Financial Health

Account Recovery

Consumers who are financially healthy are able to pay their debts. That means it behooves companies in the credit and collection industry to do what they can to help consumers remain financially healthy.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Daily Digest – June 7. Collector Accused of Forcing ID Theft Victim to Pay Debt; Judge Dismisses FCRA, FDCPA Claims For Failure to State Claim

Account Recovery

Collector Accused of Forcing ID Theft Victim to Pay Debt Judge Dismisses FCRA, FDCPA Claims For Failure to State Claim Number of Deepfake Attacks Against Contact Centers Growing: Report Acting Comptroller Discusses Importance of Consumer Financial Health WORTH NOTING: A list of 10 candidates to be Donald Trump’s running mate … Nearly two-thirds of middle-class […]

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