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Wednesday, March 7, 2018
Mid Week Articles:
FCC, FTC SEEK EXHIBITORS FOR TECH EXPO ON BLOCKING ILLEGAL ROBOCALLS
FCC and FTC Seek Exhibitors for an Expo Featuring Technologies to Block Illegal Robocalls
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CFPB ISSUES REQUEST FOR INFORMATION ON RULEMAKING PROCESSES
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) about the Bureau's rulemaking processes. The Bureau is seeking comments and information from interested parties to help assess the overall efficiency and effectiveness of its rulemaking processes.
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BUCKLEY SANDLER LAUNCHES APPROVED LICENSING SERVICE
WASHINGTON, D.C. (March 7, 2018) - Buckley Sandler LLP today formally announced the launch of APPROVED, a new approach to licensing for financial services companies.
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FTC AND FCC TO HOST JOINT POLICY FORUM AND CONSUMER EXPO TO FIGHT THE SCOURGE OF ILLEGAL ROBOCALLS
The Federal Trade Commission and the Federal Communications Commission today announced two upcoming events aimed at furthering the fight against illegal robocalls and caller ID spoofing. The agencies will co-host a Policy Forum later this month and a Technology Expo in April.
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APPLE PAY UPDATED WITH 20 MORE BANKS AND CREDIT UNIONS IN THE US
Apple's own digital payment service, Apple Pay pretty much support all the major banks in the United States. However, there are still some more regional banks and other credit unions available in the country which are yet to added on the network.
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AUSTRALIA PASSES NEW CREDIT CARD REGULATIONS
Recently the Australian parliament passed laws designed to improve consumer protection as the government seeks to mitigate against rising national credit card debt.
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STATE AG'S OFFICE FIELDED NEAR 3,000 CONSUMER COMPLAINTS IN 2017
Alabama's Attorney General's office fielded almost 3,000 consumer complaints in 2017, a slight increase from the year before.
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WASHINGTON BECOMES FIRST STATE TO PASS NET NEUTRALITY PROTECTIONS INTO LAW
Three months after state leaders vowed to safeguard net neutrality despite rollbacks by the Federal Communications Commission, Gov. Jay Inslee has signed a bill to protect an open internet in Washington.
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113 CONGRESSIONAL REPUBLICANS DECLARE SUPPORT FOR MICK MULVANEY AS CFPB DIRECTOR
The lines of support are very clearly drawn in the battle over who should serve as interim director of the Consumer Financial Protection Bureau.
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NOBLE SYSTEMS HELPS COMPANIES IMPROVE THEIR CUSTOMER EXPERIENCE AT ENTERPRISE CONNECT 2018 IN ORLANDO
Atlanta, GA - Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, will be showcasing its industry-leading solutions for Contact Center, Workforce Management, and Analytics at Enterprise Connect 2018, coming to Orlando, March 12 - 15.
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SPRING 2018 COMMUNITY BANK ADVISORY COUNCIL MEETING IN WASHINGTON, D.C.
Join us for a Community Bank Advisory Council (CBAC) meeting in Washington, D.C., about the Bureau's call for evidence and the Home Mortgage Disclosure Act (HMDA).
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DC TOPS NATIONAL CREDIT CARD DEBT LIST; BALTIMORE RANKS 6TH
According to a study by CreditCards.com, residents of Washington and Baltimore are in the top-10 nationally when it comes to their average monthly card balance.
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ATTORNEY GENERAL BECERRA CALLS ON EDUCATION SECRETARY DEVOS TO REJECT TOOTHLESS STUDENT BORROWER DEFENSE PROPOSAL
SACRAMENTO - California Attorney General Xavier Becerra, leading a coalition of 20 attorneys general, today submitted a letter to the U.S. Department of Education (Department) criticizing proposals that the Department offered during its recent rulemaking sessions to redraft regulations on borrower defense and financial responsibility.
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FTC OBTAINS COURT ORDER AGAINST FINAL DEFENDANT IN PHANTOM DEBT SCHEME
The final defendant in an operation that posed as lawyers and falsely threatened to sue people or have them arrested for failing to pay on debts they did not owe is banned from the debt collection business under a recently entered court order.
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PATIENT PAYMENT RESPONSIBILITY INCREASES 11% IN 2017
A new TransUnion Healthcare (NYSE:TRU) analysis revealed that patients experienced an 11% increase in average out-of-pocket costs during 2017, rising from $1,630 in Q4 2016 to $1,813 in Q4 2017. The analysis also revealed that in 2017, on average, 49% of patient out-of-pocket costs per healthcare visit were below $500; 39% were $501-$1,000; and 12% were more than $1,000.
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EQUIFAX BREACH COULD BE MOST COSTLY IN CORPORATE HISTORY
NEW YORK/TORONTO: Equifax Inc said it expects costs related to its massive 2017 data breach to surge by US$275mil (RM1.07bil) this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history.
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MORTGAGE LOAN ORIGINATIONS BECOME LESS PROFITABLE
Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February 2018 edition of At A Glance, a monthly reference guide and report for mortgage and housing market data released by The Urban Institute's Housing Finance Policy Center.
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SENATE TO VOTE ON CU REG RELIEF, HOUSE PANEL DISCUSSES DATA SECURITY
The House and Senate are both in session this week, with the Senate expected to vote on a NAFCU-backed regulatory reform bill that includes member business lending (MBL) and certain Home Mortgage Disclosure Act (HMDA) relief provisions.
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CALLMINER WINS SILVER STEVIE® AWARD IN NEW CONTACT CENTER SOLUTION CATEGORY FOR JOINT SOLUTION WITH NUANCE COMMUNICATIONS
Waltham, MA - March 5, 2018 - CallMiner, the leading platform provider of award-winning speech and customer engagement analytics, announced today that CallMiner and Nuance Communications received a Silver Stevie Award in the New Contact Center Solution category. The award recognizes the joint partnership to deliver a customer engagement analytics solution that offers the most robust and accurate insights into the customer journey through Artificial Intelligence (AI).
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PATCHWORK: WHY DO MANY MOBILE DEVICES GO WITHOUT SECURITY UPDATES?
Every business wants to forge an ongoing relationship with their customers. That principle takes on special significance for mobile device manufacturers when they need to issue security patches for the operating system software on their phones and tablets.
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COMPANY TO PAY $2.2 MILLION TO SETTLE TROOPS' REFUND CLAIMS ON CANCELED CAR LEASES
In a first-of-its kind case, the Justice Department has reached a $2.2 million settlement with BMW Financial Services involving allegations that the company failed to refund partial upfront payments to 492 service members who terminated car lease agreements because of military duty.
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FCA PROPOSES NEW RULES TO CRACK DOWN ON CREDIT CARD DEBT
Credit card holders could save up to £1.3bn a year under new rules that could see some switched over to cheaper personal loans or others having their interest and charges written off.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$19,000,000.00     Auto Deficiencies
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8182  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$304,802.00     Payday Loans
Sea Side Management, LLC
http://www.debtconnection.com/portfolio.asp?8181  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7864  

$4,000,000.00     Other
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8180  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$16,800,000.00     Medical
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8179  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

Bankruptcy
PHIN SOLUTIONS
Todd Hinrichs
763-633-7007
More Information

Consultants
LAS VEGAS ACCOUNTS RECEIVABLE CONSULTANTS, LLC.
702-329-3209

Debt Buyers
HUNDREDFOLD FINANCIAL RECOVERY SERVICES, INC. (AKA HFRS INC)
248-682-3752

Debt Sellers
PREMIER ASSET MANAGEMENT, LLC
John Zimmerman
605-999-3249
More Information

Industry Events
Auto Finance Innovation 2018
Auto Finance News
Parc 55
San Francisco, CA
March 7 - 8, 2018
More Information


Payments & FinTech Conference Money20/20 Asia
MONEY20/20 ASIA
The Marina Bay Sands Expo & Convention Centre
Singapore
March 13 - 15, 2018
More Information


NASP 2018 Subrogation Litigation: Skills and Management Conference
National Association of Subrogation Professionals (NASP)
The Roosevelt
New Orleans, LA
March 22 - 23, 2018
More Information


National Credit Union Collections Alliance Annual Conference 2018
National Credit Union Collections Alliance (NCUCA)
Venetian Las Vegas
Las Vegas, NV
April 4 - 6, 2018
More Information


LendIt Fintech USA 2018
LendIt
Moscone West
San Francisco, CA
April 9 - 11, 2018
DCS Special Discount Code: DebtConnection15%
More Information


Collection and Recovery Solutions 2018
Four Seasons Las Vegas
Las Vegas, NV
May 9 - 11, 2018
More Information

Debt Connection Symposium & Expo 2018
JW Marriott Austin
Austin, TX
September 5 - 7, 2018
More Information

Sponsors












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At A Glance - Friday, March 30, 2018
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At A Glance - Friday, February 09, 2018
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At A Glance - Wednesday, January 17, 2018
At A Glance - Friday, January 12, 2018
At A Glance - Wednesday, January 10, 2018
At A Glance - Friday, January 05, 2018
At A Glance - Wednesday, January 03, 2018

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