DFPI Fines Fintech Company $2.5M For Faulty Complaint Handling
- The California Department of Financial Protection & Innovation has fined a fintech company $2.5 million for not responding to consumer complaints in a timely manner that constitutes a violation of California’s Consumer Financial Protection Law, the DFPI said.
- More details here
Judge Denies Request to Stay CFPB Lawsuit Pending Outcome of Supreme Court Case
- A District Court judge in New York has denied a request from a group of defendants being sued by the Consumer Financial Protection Bureau to stay its lawsuit pending the outcome of the Supreme Court’s ruling on the CFPB’s funding structure, saying the duration of the stay would not be long enough and that memories will begin to fade if discovery does not start right away.
- More details here
FCRA Suits Hit New Record, FDCPA and TCPA Also Up Big in January: WebRecon
- Consumers held nothing back in January, filing lawsuits and complaints with the Consumer Financial Protection Bureau at a pace that hasn’t been seen in the accounts receivable management industry for a long time, according to data released yesterday by WebRecon. Not only were the number of lawsuits and complaints higher, whether on a month-over-month or year-over-year basis, but the size of the increases was also noteworthy in and of itself.
- More details here.
23 Companies Seeking Collection Talent
- A lot of companies are on the hunt for new talent, which is great if you are looking for a new opportunity or if you’re looking for insights and data about how much your peers are paying and how they are attracting talent. Check out all that and more in this week’s job listings summary.
- More details here
WORTH NOTING: The number of steps you need to take every day to remain heart healthy … Suffering from one ransomware attack likely means another one is coming … Mapping out 37 million lightning strikes … Have you checked out this new search engine that might be better than Google? … Where you can get discounts and deals to help celebrate Leap Day tomorrow … Why the Apple Car never made it off the drawing board … The least visited national parks in the United States in 2023 … The best and worst states for women to live in.
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The best cars of 2024
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