Nexa Collect

JUNE 21, 2023

Federal Trade Commission Act (FTC Act) : Under Section 5 of the FTC Act, debt collection agencies are required to employ fair and equitable practices. State Laws : States might have their own set of laws regarding data security and privacy. This includes protecting consumer data from unauthorized access or data breaches.

Collection Agencies 130

Collection Agencies Collections Agency Collections Financial Institution 130

Troutman Sanders

FEBRUARY 16, 2024

On February 13, the Federal Trade Commission (FTC) released a blog post warning companies that it could be deemed an unfair or deceptive practice for a company to adopt more permissive data practices and to only inform consumers of such changes through retroactive amendments to its terms of service or privacy policy.

Trade 52

Trade Collections 52

Troutman Sanders

JANUARY 19, 2022

A recent settlement between the Federal Trade Commission (FTC) and a lead generator provides new insight into the FTC’s enforcement of sensitive personal data collection and sales under the Fair Credit Reporting Act (FCRA) and the agency’s Section 5(a) authority.

Trade 52

Trade Loans Financial services Consumer Credit 52

Troutman Sanders

DECEMBER 15, 2022

Please join Consumer Financial Services Partner Chris Willis and his colleagues Privacy + Cyber Associate Sadia Mirza and Privacy + Cyber Partner Kamran Salour as they discuss phishing. Sadia Mirza has extensive experience in data security and privacy matters.

Trade 52

Trade Financial services 52

True Accord

JUNE 29, 2023

GLBA was enacted by the Federal Trade Commission (FTC) in 1999 and recently rolled out new amendments to the Standards for Safeguarding Customer Information, known as the “Safeguards Rule,” that went into effect on June 9, 2023, in effort to continue protecting consumer data in an ever-evolving digital environment.

Collections 81

Collections Financial Institution Debt collector Debt Recovery 81

Public Citizen

MAY 23, 2022

The Federal Trade Commission has issued a call for research presentations on a wide range of privacy and data security topics such as commercial surveillance and automated decision making for its annual PrivacyCon event, which will take place virtually on November 1, 2022.

Trade 45

Trade Collections 45

Jimerson Firm

MARCH 18, 2021

This may be troublesome for businesses seeking to maintain the confidentiality of sensitive information, such as trade secrets or other proprietary information. This blog post discusses how a Motion to Seal Court Records can be used to preserve the confidentiality and privacy of sensitive business information. See Thomas v.

Trade 98

Trade Government Manufacturing 98

Troutman Sanders

FEBRUARY 28, 2022

Privacy and Cybersecurity Activities. On February 23, the Federal Trade Commission (FTC) announced it has provided the CFPB an annual summary of its activities, enforcing the Equal Credit Opportunity Act and Regulation B. State Activities. The options now will be reviewed to determine their potential impact on small businesses.

Financial services 52

Financial services Trade Credit Unions Credit Unions 52

Troutman Sanders

MAY 11, 2023

Transcript: SEC Record Retention Enforcement Actions (PDF) Privacy + Cyber Partner Kim Phan focuses her practice on providing guidance to clients on regulatory compliance matters, including supervisory and enforcement interactions with the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and other federal regulatory (..)

Financial Institution 52

Financial Institution Trade Financial services 52

Troutman Sanders

MAY 2, 2022

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On April 28, the Connecticut Data Privacy Act (SB-6) cleared the penultimate legislative hurdle, passing in the House by a vote of 144-5. State Activities. securities laws. For more information, click here. For more information, click here.

Financial services 52

Financial services Judgment Trade Education 52

Troutman Sanders

MAY 23, 2022

On May 19, the Department of Commerce’s International Trade Administration issued a Request for Comment (RFC), seeking public input on the development of a framework for driving economic competitiveness and leadership in, and leveraging of, digital asset technologies as part of reinforcing U.S. leadership in the global financial system.

Trade 52

Trade Financial Institution Government Financial services 52

Troutman Sanders

JANUARY 26, 2021

On January 11, the Federal Trade Commission (FTC) announced it has settled with a California-based photo app developer involving allegations that it was building and using its users’ photos and videos to create facial recognition technology without their express consent. To read the FTC’s full proposed settlement, click here.

Trade 52

Trade Collections Government 52

PDC Flow

SEPTEMBER 29, 2020

We had the pleasure of speaking to Valenzuela about her career and her thoughts on the upcoming privacy and compliance concerns facing the industry. I have got privacy and cyber security on my mind, as well as innovation. Last year you were a panelist on a webinar put on by the CAC, discussing the California Consumer Privacy Act.

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Collections Debt collector Trade Fair Debt Collection 97

Troutman Sanders

OCTOBER 31, 2023

On October 27, the Federal Trade Commission (FTC) announced a final rule amending the Standards for Safeguarding Customer Information (Safeguards Rule) under the Gramm-Leach-Bliley Act.

Financial Institution 52

Financial Institution Acquisition Trade Financial services 52

Troutman Sanders

JANUARY 11, 2022

Privacy and Cybersecurity Activities. On January 5, the Federal Trade Commission (FTC) announced that it settled an alleged small business financing scheme with two defendants. We must do everything we can to protect consumers’ personal information and their privacy.” State Activities. For more information, click here.

Financial services 52

Financial services Trade Consumer Credit Collections 52

Troutman Sanders

FEBRUARY 16, 2022

Privacy and Cybersecurity Activities. Department of the Treasury published a study on the facilitation of money laundering and the financing of terrorism through the trade in works of high-value art, which found that “the use of non-fungible tokens (NFTs), may present new risks, depending on the structure and market incentives.”

Financial services 52

Financial services Banks Trade Financial Institution 52

Troutman Sanders

JUNE 13, 2022

Privacy and Cybersecurity Activities. On June 3, the Federal Trade Commission (FTC) published a request for information that could form the basis for a major update of its digital advertising guidance. Privacy and Cybersecurity Activities: The U.S. State Activities. For more information, click here. Subcommittee members U.S.

Financial services 52

Financial services Financial Institution Debt collector Loans 52

Troutman Sanders

FEBRUARY 23, 2022

Privacy and Cybersecurity Activities. On February 16, the Federal Trade Commission (FTC) announced that its years-long investigation into DeVry University resulted in the U.S. State Activities. For more information, click here. Department of Education forgiving $71.7 For more information, click here.

Financial services 52

Financial services Student loans Student Loans Government 52

Troutman Sanders

AUGUST 23, 2023

He focuses primarily on federal and state government regulatory and enforcement matters involving state attorneys general, the Consumer Financial Protection Bureau (CFPB), and the Federal Trade Commission (FTC). Whitney Shephard Whitney is an attorney in the firm’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group.

Financial services 52

Financial services Financial Institution Trade Government 52

Troutman Sanders

MAY 23, 2022

Privacy and Cybersecurity Activities. On May 19, the Department of Commerce’s International Trade Administration issued a request for comment (RFC), seeking public input on the development of a framework for driving economic competitiveness and leadership in, and leveraging of, digital asset technologies as part of reinforcing U.S.

Financial services 52

Financial services Trade Government Collection Agencies 52

Public Citizen

NOVEMBER 8, 2021

A recent report by the Federal Trade Commission staff shows that many internet service providers (ISPs) collect far more data about their customers than many consumers may expect — including access to their Internet traffic and real-time location data — while failing to offer consumers meaningful choices about how they may use the data.

Collections 40

Collections Trade 40

Troutman Sanders

JUNE 7, 2022

Privacy and Cybersecurity Activities. Federal Activities: On June 3, the Federal Trade Commission (FTC) provided its annual report to the Consumer Financial Protection Bureau (CFPB) on its 2021 enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act (EFTA).

Financial services 52

Financial services Education Trade Loans 52

Troutman Sanders

FEBRUARY 6, 2024

Securities and Exchange Commission (SEC) announced that Brian Sewell and his company, Rockwell Capital Management, agreed to settle fraud charges in connection with a scheme that targeted students taking Sewell’s online crypto trading course, known as the American Bitcoin Academy. For more information, click here. On January 31, the U.S.

Financial services 52

Financial services Banks Trade Financial Institution 52

Nexa Collect

AUGUST 13, 2020

The number of trade experiences is a driving force behind achieving a good business credit score. Trade credits are loans extended in B2B agreements between a supplier and a business, based on a buy-now-pay-later arrangement. But future investors or your bank will care, if you ever need a loan.

Trade 130

Trade Loans Creditworthiness Judgment 130

Troutman Sanders

FEBRUARY 7, 2022

Privacy and Cybersecurity Activities. On February 1, the Federal Trade Commission testified before a Senate subcommittee about the aggressive steps the agency is taking to police against pandemic predators who are capitalizing on the COVID-19 crisis to defraud American consumers. State Activities. For more information, click here.

Financial services 52

Financial services Collection Agencies Collections Agency Financial Institution 52

Troutman Sanders

JANUARY 12, 2022

Do I still have to comply with the Biometric Information Privacy Act? The newest target for plaintiffs wielding their private right of action under Illinois’ Biometric Information Privacy Act ( BIPA ) are companies offering dash-cam “telematics.”

Government 52

Government Collections Trade 52

Troutman Sanders

DECEMBER 10, 2021

Her experience includes representing banks in class actions, data breach multi-district litigation, and privacy matters. In addition, she has extensive experience as a commercial litigator handling real property, intellectual property, and trade secret disputes.

Financial Institution 52

Financial Institution Education Banks Trade 52

Troutman Sanders

FEBRUARY 25, 2022

Wishes to understand potential barriers to entry in the subprime market and seeks to work with the Federal Trade Commission and the Federal Reserve Bank Board of Governors to address issues in the market. The CFPB’s blog post serves as a reminder that auto finance is still very much on the Bureau’s radar.

Loans 52

Loans Lender Trade Banks 52

Troutman Sanders

NOVEMBER 16, 2020

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On November 13, Wired reported that an analysis of nearly 500 COVID-19 contact-tracing applications found significant differences in how much data they expect individuals to give up. State Activities. For more information, click here. To read more, click here.

Financial services 52

Financial services Foreclosure Banks Trade 52

Troutman Sanders

JANUARY 5, 2022

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On December 27, 2021, the Federal Trade Commission (FTC) issued guidance on protecting personal data going into the new year. State Activities. For more information, click here.

Financial services 52

Financial services Judgment Trade Consumer Credit 52

Troutman Sanders

AUGUST 9, 2021

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On August 4, the Federal Trade Commission (FTC) warned consumers that identity thieves “are targeting millions of people nationwide with scam phishing texts aimed at stealing personal information, unemployment benefits, or both.” State Activities.

Financial services 52

Financial services Student loans Student Loans Foreclosure 52

Troutman Sanders

NOVEMBER 3, 2021

On October 27, the Federal Trade Commission (FTC) announced a final rule (Final Rule), amending the Standards for Safeguarding Customer Information (Safeguards Rule) under the Gramm-Leach-Bliley Act (GLBA) as it applies to covered financial institutions. Requirements Under the Final Rule.

Financial Institution 52

Financial Institution Retail Government Trade 52

Debt Recoveries

JUNE 11, 2023

Several rules and regulations, including the Privacy Act of 1988, the Australian Consumer Law (ACL), and the Australian Securities and Investments Commision (ASIC) Act of 2001, govern credit control in Australia. This entails carrying out rigors credit checks, which may entail examining bank statements, trade references, and credit reports.

Debt collector 52

Debt collector Creditworthiness Debt Recovery Trade 52

Troutman Sanders

NOVEMBER 24, 2020

Privacy and Cybersecurity Activities. Federal Trade Commission (FTC) sent a warning letter to a financial aid company based in New York as part of its effort to monitor the marketplace for questionable claims arising from the COVID-19 pandemic. State Activities. For more information, click here. On November 16, the U.S.

Financial services 52

Financial services Foreclosure Banks Loans 52

Troutman Sanders

SEPTEMBER 21, 2020

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On September 17, 2020, the National Security Agency (NSA) released best practice guidelines for those working remotely during the COVID-19 pandemic. For more information about existing privacy guidelines for COVID-19-related apps, read our primer on Law360.

Financial services 52

Financial services Banks Government Acquisition 52

Troutman Sanders

OCTOBER 4, 2021

Privacy and Cybersecurity Activities. On September 28, Federal Trade Commission (FTC) Chair Lina M. Privacy and Cybersecurity Activities: On September 30, the U.S. State Activities. For more information, click here. Khan announced that she has appointed Holly Vedova as director of the FTC’s Bureau of Competition and Samuel A.A.

Financial services 52

Financial services Financial Institution Foreclosure Student loans 52

Troutman Sanders

OCTOBER 20, 2023

He focuses primarily on federal and state government regulatory and enforcement matters involving state attorneys general, the Consumer Financial Protection Bureau (CFPB), and the Federal Trade Commission (FTC). Whitney Shephard Whitney is an attorney in the firm’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group.

Financial services 52

Financial services Financial Institution Government Retail 52