The California Department of Financial Protection and Innovation
(DFPI) has issued an invitation for comments from interested parties on draft
rules to implement certain provisions of the California Consumer Financial
Protection Law (CCFPL) which became effective on January 1, 2021. The
CCFPL provisions that the draft rules would implement deal with (1) procedures
for a covered person or service provider to respond to consumer complaints and inquiries, and (2) the definition of unfair, deceptive, or abusive acts and
practices in connection with the offering or providing of
commercial financing or other financial products and services to small business
recipients, nonprofits, and family farms. Comments are due by September
17, 2021.
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BURLINGTON, Mass. -- Ontario Systems a leading provider of enterprise workflow automation software – which accelerates revenue recovery and removes friction from the payments process for clients in the accounts receivable management (ARM), healthcare, and government markets – today announced its acquisition of Katabat, a leading cloud-based collection platform providing cutting edge solutions to debt resolution for both lenders and borrowers.
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I know everyone is regularly checking
the Facebook Ruling Resource Page- which is, unsurprisingly, driving huge
traffic. But I also know that page is a bit sloppy right now as the cases are
not yet organized in any meaningful fashion. Once we hit about 20 or so
decisions I’ll start creating categories for ease of consumption.
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