Wells Fargo CEO Says AI Cuts Both Ways on Jobs
Wells Fargo CEO Charlie Scharf is pushing back on the idea that artificial intelligence is simply good or bad for...
Banks Are Investing in Financial Health Tools. Customers Aren’t Showing Up
Retail banks and card issuers have poured money into financial advice and support tools, but a new JD Power study...
Consumer Credit Holds Steady, But Student Loans and New Cards Tell a Different Story
The latest data on U.S. consumer credit shows a market that is broadly stabilizing, with one glaring exception that should...
Feds Finalize Rule to Curb Ineligible Surprise-Billing Disputes
The Centers for Medicare & Medicaid Services and other federal agencies have finalized a long-awaited rule meant to reduce the...
Judge Lets Most of FCRA Suit Against CRA Proceed
A District Court judge in Alabama has allowed most of a consumer's Fair Credit Reporting Act lawsuit against a credit...
Judge Dismisses Every Claim in Pro Se Suit Over Decades-Old Garnishment
A District Court judge in Ohio has dismissed every claim in a pro se lawsuit challenging the garnishment of wages...
Compliance Digest – June 1
I'm thrilled to announce that Frost Echols is the new sponsor for the Compliance Digest. Frost Echols reputation has been...
Daily Digest – May 29. Is it a Class? Collector Accused of Attempting to Recover Non-Existent Debt; Brookings: Nearly Half of U.S. Households Can’t Make Ends Meet
Is it a Class? Collector Accused of Attempting to Recover Non-Existent Debt This is one of those, “I’m not a...
Brookings: Nearly Half of U.S. Households Can’t Make Ends Meet
A new Brookings report, the first in its "States of Affordability" series, finds that 45.5% of U.S. households did not...
AI Adoption Is Climbing Among Small Businesses, Just Not Equally
A new report from the JPMorganChase Institute finds that small business adoption of artificial intelligence has accelerated sharply since 2022,...
