Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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Healthcare Providers Sued for Sending Confidential Medical Info to Collection Agencies

Account Recovery

A class-action lawsuit has been filed against a pair of healthcare providers, alleging they violated state law in California by sending confidential medical information to a third-party collection agency, which was subsequently publicized as a result of a data breach.

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CFPB Exams Return $140 Million to Consumers Hit by Illegal Junk Fees in Banking, Auto Loans, and Remittances

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights focused on the agency’s efforts to shutdown junk fees.

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Possible Issues in New York Debt Collection Mediation

FFGN COLLECT NY

Mediating a debt collection claim can be a successful way to reach an agreement to pay. Mediation can be voluntary, where both parties agree to participate, or due to a clause in the agreement that mandates mediation before proceeding to arbitration or litigation. However, there are issues that may arise during the mediation process that can forestall settlement discussions thereby impacting the process and possible resolution of the claim.

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Q3 Industry Insights: Preparing for Credit Card Bills, Student Loans and Holiday Spending

True Accord

We’re approaching the end of the year and fall is in the air – along with consumer financial uncertainty. Economic stressors persist and are likely contributing to many consumers relying on credit to cover expenses, while the resumption of student loan payments adds another financial obligation to the mix. For consumers, the conundrum of balancing finances continues as the holiday spending season sneaks up.

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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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Report Calls for Overhaul to Minnesota Legal Collections System

Account Recovery

The Minnesota State Bar has released a report calling for an overhaul of the legal collections process in the Land of 10,000 Lakes. Consumers are too often confused about how to pay back debts and collection lawsuits disproportinately affect consumers with low-incomes and minorities. A copy of the report can be accessed by clicking here.

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2023 Review: Capital One Quicksilver Cash Rewards for Good Credit

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: You can earn 1.5% cash back on all purchases with this card.

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PDCflow Expands ACH Processor Options

PDC Flow

PDCflow now offers an extensive list of ACH processing options for merchants. Through a recent integration enhancement, companies who accept ACH payments through PDCflow have access to more choices than ever before when it comes to ACH processors. Businesses may choose from any of the following check processors for their PDCflow ACH payments: Payliance ACHWorks VeriCheck (VCI) RP Solutions CheckGateway PAYA ACH EFT BOP CrossCheck Teledraft Reliafund Actum Benefits of More ACH Processing Options

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Daily Digest – October 13. Collector Facing FDCPA Class Action Over Undated MVN; 3rd Circuit Issues Precedential Ruling on Standing

Account Recovery

Collector Facing FDCPA Class Action Over Undated MVN 3rd Circuit Issues Precedential Ruling on Standing; Vacates Certification of Class in FDCPA Suit TransUnion to Pay $23M to Settle Enforcement Actions with CFPB Report Calls for Overhaul to Minnesota Legal Collections System WORTH NOTING: Details to get you ready for tomorrow’s “Ring of Fire” solar eclipse […]

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CFPB and FTC Take Actions Against TransUnion for Illegal Rental Background Check and Credit Reporting Practices

Consumer Finance

The CFPB and Federal Trade Commission took action against a rental screening subsidiary of the TransUnion conglomerate.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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2023 Review: Capital One Quicksilver Secured Cash Rewards Credit Card

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: You can secure a small credit limit with a deposit ($200 minimum) and don’t need great credit to get approved for this card.

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New Florida Law Provides Avenue to Challenge Enforcement of Local Government Ordinances

Jimerson Firm

On June 29, 2023, Governor DeSantis signed into law Senate Bill 170 (SB 170). Starting on October 1, 2023, the new law allows city and county ordinances to be challenged in court on the basis that the ordinance is arbitrary or unreasonable, or preempted by state law, and requires suspension of enforcement of the ordinance during the legal challenge under certain circumstances.

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CFPB Issues Guidance on Fees Charged for Responding to Consumer Requests for Info

Account Recovery

The Consumer Financial Protection Bureau yesterday released guidance reminding financial institutions that they are not allowed to charge consumers for “basic information” about their accounts. Some banks, for example, are charging consumers for information that is used to manage their finances or fix problems with their bank accounts.

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CFPB Issues Guidance to Halt Large Banks from Charging Illegal Junk Fees for Basic Customer Service

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion regarding a provision enacted by Congress which generally prohibits large banks and credit unions from imposing unreasonable obstacles on customers, such as charging excessive fees, for basic information about their own accounts.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Huge £42m Debt written off by City Council

UK debt collections

Millions of pounds of unpaid council tax debt has been written off by an authority, it has been revealed. A Liverpool City Council report said about £42m of debts , which was mostly uncollected council tax dating back to 1997, was now “clearly irrecoverable” The Labour-run authority said “regular review and write-off of debt ” was a “standard financial practice” The council’s Liberal Democrat opposition said it was a “smack in the face” to ra

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Navigating Temporary Construction Easements in Florida’s Eminent Domain Process

Jimerson Firm

Eminent domain in Florida often takes center stage when government entities embark on construction projects of public importance. These projects can range from essential road widening initiatives and the construction of new sidewalks to the installation of underground and above-ground utilities and more. In the midst of these endeavors, Temporary Construction Easements (“TCEs”) emerge as vital tools that enable access to private properties for a limited duration while the project is underway.

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Daily Digest – October 12. Getting to Know Meghan Jean of Sequium Asset Solutions; Judge Grants MTD in FDCPA Case Over Imputed Knowledge of Representation

Account Recovery

Getting to Know Meghan Jean of Sequium Asset Solutions Judge Grants MTD in FDCPA Case Over Imputed Knowledge of Representation FTC Issues Proposed Rule Banning ‘Junk Fees’ CFPB Issues Guidance on Fees Charged for Responding to Consumer Requests for Info Barron & Newburger, P.C.

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CFPB Sues Repeat Offender Freedom Mortgage Corporation for Providing False Information to Federal Regulators

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court today, alleging that Freedom Mortgage Corporation submitted legally-required mortgage loan data that was riddled with errors.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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The Role of Arbitration and Mediation in the New York Real Estate Industry

FFGN COLLECT NY

New York’s real estate industry is highly competitive. It is inevitable to face various disputes and conflicts, whether in contract disagreement or property boundary disputes. When this happens to you, ensure you know how to handle these conflicts to keep your investments flowing. Keep reading to discover how arbitration and mediation can help you in this scenario and how to use them to your advantage.

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CFPB Advises Large Banks on Compliance with CFPA § 1034(c)

Troutman Sanders

On October 11, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion regarding § 1034(c) of the Consumer Financial Protection Act (CFPA), which requires large banks and credit unions to comply in a timely manner with consumer requests for information concerning their accounts. This advisory opinion follows a June 2022 request for information where the CFPB asked for public input on customer service obstacles encountered when interacting with large financial institu

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Barron & Newburger, P.C. Adds Significant Data Security, Compliance, and Litigation Talent; Opens New Office in Ohio

Account Recovery

GOLDEN, CO, UNITED STATES, October 11, 2023 — Barron & Newburger is pleased to announce the addition of two experienced attorneys who bring significant experience in data security, litigation, and compliance consulting. Mark Smith joins the firm’s Houston Texas office as a shareholder.

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Prepared Remarks of CFPB Director Rohit Chopra on a Press Call on Junk Fees

Consumer Finance

Across the country, Americans are working hard to create and provide products sold here at home and around the world.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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A Checklist for Recurring Payment Processing Software

PDC Flow

No matter what business you’re in, taking payments brings more regulations you must follow. For instance, companies that use recurring payment processing services need to maintain Regulation E compliance. But how do you know when Regulation E applies to a transaction within your business? How can your payment processing software help? Recurring EFT Payments and Regulation E What is Regulation E ?

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How to Fill Out Bankruptcy Forms in Colorado

Debt Free Colorado

What Our Bankruptcy Attorneys Can Help With When Filing Bankruptcy in Colorado Financial burdens and the possibility of a new beginning can trigger various emotions. If you have already decided to file for bankruptcy, it is crucial to tackle this challenging undertaking with a balanced mentality. It is best to have a clear mind and understanding when dealing with a big decision, such as filing for bankruptcy.

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Growing Debt Loads Making it Harder for Consumers to Stay Current

Account Recovery

One-third of all consumers owe at least $250,000 in debt — when factoring in mortgages and auto loans — while half of the population owe less than $250,000, and the remaining 17% are carrying no debt at all, according to a newly released report.

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Prepared Remarks of CFPB Enforcement Director Eric Halperin on the TransUnion Enforcement Actions

Consumer Finance

Credit reporting agencies have a responsibility to ensure that consumers’ personal data is accurate and secure.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv