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Wednesday, March 28, 2018
Mid Week Articles:
FTC FILES COMMENT TO CFPB ON CID PROCESSES
The Federal Trade Commission's Bureau of Consumer Protection (BCP) has filed a comment to the Bureau of Consumer Financial Protection in response to that agency's request for information to help it assess the process it uses to issue Civil Investigative Demands (CIDs).
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WEBRECON STATS FOR FEB 2018: IS FCRA THE NEW TCPA?
Prelude… FCRA spiked this month primarily due to one attorney filing the same suit on behalf of many plaintiffs. However, this showcases an unmistakable trend in recent months where FCRA has broken out of the shadows to show new strength in the consumer litigation big picture.
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CFPB DEFERMENT OF ENFORCEMENT AUTHORITY TO STATES WILL LEAD TO INCREASED SCRUTINY
At a recent gathering of states attorneys general, Mike Mulvaney, Acting Director of the Consumer Financial Protection Bureau ("CFPB" or "Bureau") indicated his preference that they take the lead on the enforcement of consumer protection laws along with state regulators. According to Acting Director Mulvaney, "States know best how to protect their own consumers".
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CFPB'S PAYDAY LOAN RULE WOULD BE TOSSED UNDER LINDSEY GRAHAM RESOLUTION
A new resolution introduced by Sen. Lindsey Graham would cancel the major new federal regulations on payday lending being rolled out by the Consumer Financial Protection Bureau.
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NEW JERSEY PICKS NYC OFFICIAL PAUL RODRIGUEZ TO LEAD STATE'S ANSWER TO MULVANEY'S CFPB
At various points during his tenure as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney has made it clear that the bureau will not be run the same way under the Trump administration as it was under the Obama administration.
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JOE ADAMS NAMED 2018 WHO'S WHO IN COMPLIANCE BY COLLECTION ADVISOR
Phoenix, Arizona - Constar Financial Service's Chief Compliance Officer, Joe Adams CCCO, CRCP, CIA, Executive Vice President, Hampton Pryor Group was recognized in the 2018 Who's Who in Compliance by Collection Advisor magazine.
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TSYS CONSUMER PAYMENT STUDY: MORE AMERICANS EMBRACING CUTTING-EDGE PAYMENT METHODS
COLUMBUS, Ga., March 27, 2018 - According to the latest TSYS U.S. Consumer Payment Study, a range of emerging payment options are gaining widespread acceptance with consumers across age groups - especially ages 25 to 34.
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STATEMENT BY THE ACTING DIRECTOR OF FTC'S BUREAU OF CONSUMER PROTECTION REGARDING REPORTED CONCERNS ABOUT FACEBOOK PRIVACY PRACTICES
Tom Pahl, Acting Director of the Federal Trade Commission's Bureau of Consumer Protection, issued the following statement regarding reported concerns about Facebook's privacy practices:
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FTC AND NEW YORK ATTORNEY GENERAL SETTLEMENTS BAN ABUSIVE DEBT COLLECTORS FROM THE DEBT COLLECTION BUSINESS AND FROM BUYING OR SELLING DEBT
The operators of a deceptive and abusive debt collection scheme are banned from the debt collection business and from buying or selling debt under settlements with the Federal Trade Commission and the New York Attorney General's Office.
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CFPB ISSUES REQUEST FOR INFORMATION ON INHERITED REGULATIONS AND INHERITED RULEMAKING AUTHORITIES
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) on the Bureau's inherited regulations and inherited rulemaking authorities.
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FTC CHARGES RECIDIVIST TELEMARKETER FOR MILLIONS OF ILLEGAL CALLS PITCHING HOME SECURITY SYSTEMS AND MONITORING SERVICES TO CONSUMERS
The Federal Trade Commission has filed a complaint and motion for preliminary injunction in federal district court alleging that Alliance Security Inc., a home security installation company, and its founder, directly and through its authorized telemarketers, called millions of consumers whose numbers are on the National Do Not Call (DNC) Registry. Two of Alliance's authorized telemarketers and their principals also have agreed to settle charges that they made illegal calls on Alliance's behalf.
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NOBLE SYSTEMS APPLAUDS COURT'S TCPA RULING
Atlanta, GA - March 23, 2018: Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, applauds the recent Court ruling regarding the FCC's interpretation of the TCPA statute, which significantly impacts the industry and daily operations of customer contact teams. Noble Systems has been an advocate for the contact center industry throughout the company's almost 30-year history.
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10 ROUNDTABLE PRESENTERS CONFIRMED FOR COLLECTION AND RECOVERY SOLUTIONS COLLECTION AND RECOVERY SOLUTIONS 2018
Collection and Recovery Solutions 2018 announces confirmation of speakers for ten different roundtable sessions. Often a favorite for peer learning, the roundtables provide an opportunity to learn from peers in a small group setting. www.crs2018
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GOVERNOR RICK SCOTT SIGNS PAYDAY LOAN BILL INTO LAW
Governor Rick Scott has approved a bill that will allow payday loan providers to increase loan amounts and extend the repayment time frame.
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FIFTH THIRD JOINS $50M FUNDING ROUND FOR STUDENT LENDING PLATFORM COMMONBOND
Online student loan specialist CommonBond has closed a $50 million Series D funding round led by the venture arm of American bank Fifth Third.
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CALLMINER TO HOST CX INTELLIGENCE SUMMIT IN BOSTON ON TUESDAY, APRIL 10TH
Waltham, MA - CallMiner, the leading platform provider of award-winning speech and customer engagement analytics, announced today that it will host industry leaders in the areas of customer service and sales, speech analytics, and quality assurance for a CX Intelligence Summit on Tuesday, April 10th in Boston, MA.
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CONSUMERS' EXPECTATIONS ABOUT THEIR FINANCIAL SITUATIONS CONTINUED TO IMPROVE IN FEBRUARY
NEW YORK- The Federal Reserve Bank of New York's Center for Microeconomic Data released the February 2018 Survey of Consumer Expectations, which shows a slight increase in short- and medium- term inflation expectations. Consumers' expectations about their personal financial situations continued to improve. Expectations about changes in taxes declined to a new series' low, while expectations about growth in government debt increased sharply.
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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
$8,820,510.00     Credit Cards
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8187  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$2,861,000.00     Payday Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8186  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

Agency
STP MANAGEMENT GROUP
704-307-4976

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STARCAST GROUP LLC
817-284-8165

US BANK DATA
866-448-7785

Industry Events
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

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