insideARM Weekly Recap- Week of April 8, 2024

Our team at insideARM tries to pick the one piece of news those in the ARM industry need to know each day to keep up to date with the changes in debt collection. Last week we did just that, bringing you an article about the future of medical debt in California, a key 5th Circuit decision for FDCPA cases, and a breakdown of the myriad of activity from the CFPB in the month of March. Here's our recap of the weekly news and why we felt you needed to see it.

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[Webinar] Help Wanted: Predictive, Collaborative and Intelligent Contact Data 

When your contact data isn’t meeting expectations, your organization lags behind. Leveling up is essential if you want to better reach your customers.  

In this webinar on April 25 at 3pm ET, TransUnion Contact Center Solutions product leaders, Tom Nowaczyk, VP of Product Management and Ashley Wacker, Senior Analyst Solutions Consulting and guest speaker, Dara Tarkowski, Managing Partner of Actuate Law, will lead the discussion on transformative technologies to help you optimize customer communications through more strategic data. Register Now. 

CFPB Bites of the Month - March 2024 - Here Comes the Sun and the CFPB

The CFPB continued their busy 2024 with a lot of activity in March. In this article, we'll share some of our top CFPB "bites" of the month so you can stay on top of recent developments.

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5th Circuit Reverses Judgment in FDCPA Case

Recently, the U.S. Court of Appeals for the Fifth Circuit ordered an FDCPA case to be reversed and remanded after the U.S. District Court for the Eastern District of Louisiana granted a motion for summary judgment.

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Kredit Achieves SOC 2 Type 1 Compliance for Superior Data Security

NEW YORK, N.Y. - Kredit, the leading centralized debt resolution platform and network, is thrilled to announce that it has successfully achieved SOC 2 Type 1 compliance. This significant milestone demonstrates the company's commitment to maintaining the highest standards in data security and protection for its customers.

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California Attorney General Sponsors Bill Banning Credit Reporting of Medical Debt

On April 2, the California Senate Judicial Committee passed Senate Bill 1061. The bill seeks to prevent health care providers and contracted collection agencies from providing information about patients’ medical debt to credit reporting agencies. The bill would also prevent credit reporting agencies from accepting, storing, or sharing information related to medical debt.

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insideARM Weekly Recap- Week of April 1, 2024

Last week our editorial team picked out the most relevant news for ARM industry professionals trying to stay on top of the ever-changing debt collection landscape. This included an article warning nonbanks to plan for CFPB oversight, a breakdown of the impacts of the CFPB’s late fee rule, and a notice to compliance professionals regarding consumer complaints. Read on to see a synopsis of everything we highlighted during the week and why our editorial team thinks you should know about it.

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Featured Resources and Webinars

from insideARM.com

» Multi-Channel AI: Improve Contacts & Increase Revenue Compliantly

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» Seizing the Opportunity in Uncertain Times: The Collections Industry in 2023

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