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Trump nominates former FDIC Board Member Jonathan McKernan to head CFPB

By Ballard CFS Group in CFPB

President Trump has nominated Jonathan McKernan to be the Director of the CFPB. If confirmed by the Senate, McKernan would replace Office of Management and Budget Director Russell Vought, who…

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February 13, 2025 in Association News

Receivables Management Association International Honors Industry Leaders at Its 2025 Annual Conference

Sacramento, Calif. — The Receivables Management Association International celebrated its 28th Annual Conference in Las Vegas, February 10-13, 2025. RMAI took the opportunity to present its annual awards as part…

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February 12, 2025 by David N. Anthony in CFPB

CFPB Continues “Pausing” Litigation: This Time in Medical Debt Rule Litigation

On February 6 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) requested and was granted a 90-day stay in the litigation involving trade associations Cornerstone Credit Union League (Cornerstone) and the…

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February 12, 2025 in Company News

Finvi’s Flagship SaaS Product, Velosidy®, Continues to Gain Momentum Following General Availability

BURLINGTON, Mass. — Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payment process, has announced that following last fall’s GA launch…

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February 11, 2025 in Company News

Prodigal launches ProAgent to automate end-to-end collections operations

Mountain View, Calif. — Prodigal proudly announces the launch of ProAgent, a collections native AI agent designed to automate end-to-end operations. ProAgent is a natural language AI agent trained on…

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February 10, 2025 by Missy Meggison in CFPB

CFPB Supervision and Enforcement Ordered to Stop; Another New Director Named

The CFPB developments over the last ten days have been staggering. It was just last week that Director Chopra was removed. Within 2 days of Director Chopra’s removal, Scott Bessent…

February 10, 2025 by Missy Meggison in CFPB

insideARM Weekly Recap – Week of February 3rd, 2025

News in the ARM industry moves fast, but insideARM’s weekly recap of top stories will give you the news we found most interesting last week and more importantly- why we…

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