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Beginning Your Debt Collection AI Journey: A Compliance Perspective

By Sara Woggerman in Artificial Intelligence

We’ve all heard the term “artificial intelligence” tossed around quite a bit lately. AI is an umbrella term. What we’re really referring to in most cases —at least in the context of…

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January 14, 2025 by Orrick, Herrington & Sutcliffe LLP in CFPB

Industry associations seek to halt CFPB’s medical debt credit reporting rule

On January 7, two plaintiffs representing industry associations filed a complaint in the U.S. District Court for the Eastern District of Texas against the CFPB and its Director, Rohit Chopra, to challenge…

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January 14, 2025 by Orrick, Herrington & Sutcliffe LLP in CFPB

CFPB files complaint against CRA, alleging faulty dispute resolution procedures

On January 7, the CFPB filed a complaint against a consumer reporting agency, alleging violations of the FCRA and the CFPA’s prohibition on unfair acts or practices. The complaint alleges the company failed meet…

January 13, 2025 by Missy Meggison in CFPB

insideARM Weekly Recap – Week of January 6th, 2025

News in the collections industry never stops; it can be tough to wade through what’s relevant, and what’s just noise. Our weekly recap of top stories will give you the…

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January 13, 2025 in Company News

DebtNext Software Achieves SOC 2 Type II Attestation

Akron, OH — DebtNext Software, a leading provider of recovery management solutions, proudly announces the successful completion of its SOC 2 Type II audit, conducted by KirkpatrickPrice. This achievement underscores…

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January 9, 2025 by David N. Anthony in CFPB

CFPB Finalizes Rule to Remove Medical Bills from Consumer Reports

On January 7, the Consumer Financial Protection Bureau (CFPB or Bureau) finalized its rule aimed at removing an estimated $49 billion in medical bills from the consumer reports of approximately 15 million…

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January 9, 2025 in Company News

Nordis Technologies Appoints Vice President of Operations

CORAL SPRINGS, Fla. — Nordis Technologies, a fast-growing leader in omnichannel customer communications management and payments technology solutions, has named Gabe Preczner as Vice President of Operations. Gabe is responsible…

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