Report: Two-Thirds of Adults Now Live Paycheck to Paycheck
Sixty-seven percent of U.S. adults say their next paycheck is essential to paying their bills, according to PYMNTS Intelligence, which...
Connecticut Fines Firm $30k for Unlicensed Collection Activity
Connecticut Banking Commissioner Jorge L. Perez has ordered Parking Revenue Recovery Service to stop collecting parking violation fees in the...
FTC Reaches $12 Million Settlement With Payment Processor Over Shell Merchant Accounts
Payment processor Humboldt Merchant Services has agreed to pay $12 million and accept permanent restrictions on its business to resolve...
Judge Denies MSJ, Class Cert in FCRA Suit Over Unflagged Indirect Disputes
A District Court judge in Illinois has denied a defendant's motion for summary judgment in a Fair Credit Reporting Act...
Judge Rules Student Loan Guaranty Agency Falls Under FDCPA Fiduciary Exception
A District Court judge in Ohio has granted a defendant's motion to dismiss a Fair Debt Collection Practices Act lawsuit...
Daily Digest – September 8. Creditor Facing FDCPA, Rosenthal Class Action Over Alleged 7-in-7 Violation; USCB America Names Seth DeForest Vice President of Operations
Creditor Facing FDCPA, Rosenthal Class Action Over Alleged 7-in-7 Violation The allegations section runs two sentences. The exhibit is a...
Consumers Distrust Retail AI and Say Stores Collect Too Much Data, Survey Finds
Consumers in the United States and United Kingdom are skeptical of artificial intelligence in retail and say merchants gather too...
IRS Finalizes Rules for $10,000 Car Loan Interest Deduction
The Internal Revenue Service and the Treasury Department published final regulations today implementing a federal income tax deduction of up...
FTC Orders Nuvei to Pay $4.85M, Overhaul Merchant Screening
Payment processor Nuvei Corp. and four subsidiaries will pay $4.85 million and adopt merchant screening and monitoring requirements to resolve...
Compliance Digest – September 8
I'm thrilled to announce that Frost Echols is the new sponsor for the Compliance Digest. Frost Echols reputation has been...
