Thu.Apr 17, 2025

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CFPB to Scale Back Supervision, Shift Focus to Combatting Consumer Fraud

Account Recovery

The Chief Legal Officer of the Consumer Financial Protection Bureau yesterday published a memo detailing a major shift in the Bureau’s enforcement and supervision priorities for 2025. According to the memo sent to staff, the bureau will significantly cut the number of its supervisory exams and refocus its efforts on addressing tangible harms to consumers, particularly those affecting service members, veterans, and their families.

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Leading the Way with RPA Bots: How TrueAccord Uses Technology and AI to Ensure Compliance, Consumer Preference, and Optimal Debt Collection Results

True Accord

Efficiency, accuracy, and compliance are critical in the fast-paced world of debt collection. TrueAccord, a leader in digital-first debt collection, is leveraging Robotic Process Automation (RPA) bots to transform the industry and improve operational efficiency, compliance efforts, and customer experience. At TrueAccord, we’re not just collecting debt; we’re revolutionizing the process with this kind of cutting-edge technology.

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Court Calls Out Defendant for ‘Rubber Stamping’ Investigation, Denies MSJ in FCRA Case

Account Recovery

Issues with identity theft and reasonable investigations can be very complicated. Case in point — the forensic analysis detailed in this ruling in which a District Court judge in California partially denied a defendant’s motion for summary judgment in a case alleging violations of both the Fair Credit Reporting Act and the Rosenthal Fair Debt Collection Practices Act, among other claims.

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How to Eliminate Manufacturing Contract Delays

PDC Flow

Are you tired of waiting for signatures and payments on your manufacturing contracts? Manual customer approval chains slow down production timelines and delay procurement, scheduling, and delivery. A one-step esignature and payment workflow can eliminate a patchwork system for approvals and speed up deals. Heres how having documents, signatures, and payments in one esignature software can help you handle contracts for manufacturing and get to work faster. 9.2% is the average annual revenue lost

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Buffalo Man Pleads Guilty to Scam Involving Impersonation of Sheriff’s Deputy and Attorney

Account Recovery

A Buffalo-area man has pleaded guilty to charges of mail fraud after being accused of a debt collection scam in which he impersonated a local sheriff’s deputy and an attorney to bilk unsuspecting consumers out of more than $420,000. Nicholas Janes, 26, of Buffalo, N.Y., appeared before a federal judge yesterday and admitted to committing mail fraud, a crime that carries a maximum penalty of 20 years in prison and a fine of $250,000.

Law Firms 130
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Getting to Know Rocky Landoll of BCA Financial Services

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de