Debt Collection

CFPB Proposes Implementation Of Fair Debt Collection Practices Act

CFPB Proposes Implementation Of Fair Debt Collection Practices Act
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act....

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Kraninger Outlines CFPB Roadmap, Success Factors
Kraninger Outlines CFPB Roadmap, Success Factors
April 19, 2019  |  CFPB

In a series of statements and interviews, Kathy Kraninger, the new director (as of December of 2018) of the Consumer Financial Protection Bureau, has laid...

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Venmo Pursues Customers With Negative Balances
Venmo Pursues Customers With Negative Balances
March 25, 2019  |  Payment Methods

Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to a report in...

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How Payment Plans Can Cure Healthcare Payments’ Biggest Problem
How Payment Plans Can Cure Healthcare Payments’ Biggest Problem
February 14, 2019  |  Healthcare

Americans are on the hook for an ever-increasing percentage of their medical bills. As healthcare becomes a tough pill to swallow financially, 57 percent of...

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UK Late Pay Epidemic Looms Over Xmas Season
UK Late Pay Epidemic Looms Over Xmas Season
December 17, 2018  |  B2B Payments

The U.K. seems to be the epicenter of the late payments epidemic, and new stats bear out the cost to the tune of billions of...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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Is AI The New Debt Collector?
Is AI The New Debt Collector?
November 29, 2018  |  Artificial Intelligence

 It's said an ounce of prevention is worth a pound of cure, and the maxim can be applied to debt recovery efforts that average a...

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Forty-Six Percent Of Americans Live Paycheck To Paycheck
Forty-Six Percent Of Americans Live Paycheck To Paycheck
November 13, 2018  |  Economy

When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks fairly rosy. Get...

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