Credit and Collection News

Logix Federal Credit Union | Company Overview & News

June 9, 2026

Logix Federal Credit Union Strengthens Fraud Operations and Investigative Visibility with Quinte’s CaseHUB Platform

Logix Federal Credit Union is taking a significant step to modernize its fraud operations and investigative workflows through the implementation of Quinte Financial Technologies’ CaseHUB platform, a move that reflects broader industry efforts to enhance fraud response and operational visibility ...

June 10, 2026

Don’t Click That Box: The Deceptive New CAPTCHA Scam Outsmarting Web Browsers

We see them all the time when we browse the internet: those familiar "prove you're human" security checks. Sometimes they ask us to click on traffic lights or type in distorted letters. CAPTCHA has become a normal and trusted part ...

June 7, 2026

CFPB helps Bilt customers as company transitions to new bank partner

CFPB Steps In to Support Bilt Customers Amid Bank Partner Transition The Consumer Financial Protection Bureau (CFPB) is taking action to assist consumers affected by fintech platform Bilt’s transition to a new bank partner, highlighting ongoing regulatory scrutiny of bank-fintech ...

June 8, 2026

Reset Raises $6 Million Seed Round Anchored by Credit Union Customers to Expand Embedded Earned Wage Access Platform

More than two-thirds of the round comes from the credit unions Reset serves — a structure that reflects growing confidence in the company's approach to keeping members from drifting to neobanks MENLO PARK, Calif., June 08, 2026--(BUSINESS WIRE)--Reset, an embedded ...

June 5, 2026

Credit Union Groups Back Appeal in Colorado Interest Rate Exportation Case

Credit union trade groups are rallying behind an appeal in a closely watched Colorado case that could have significant implications for interest rate exportation and the broader lending ecosystem. A coalition of credit union organizations has thrown its support behind ...

June 9, 2026

Taking AI to debt collection as credit stress hits millions

1Stream CEO Bruce von Maltitz says AI removes stigma and judgement, as 40% of credit-active people fall three months behind. South Africa’s growing debt burden is now creating an unexpected opening for artificial intelligence (AI), with some consumers appearing more ...

June 8, 2026

Experian launches personal loan shopping app for ChatGPT

Experian has launched a new personal loan shopping capability integrated with ChatGPT, marking a notable step in the convergence of credit data, artificial intelligence, and consumer-facing financial tools. Experian Launches Personal Loan Shopping App for ChatGPT Experian has introduced a ...

S. Korea's financial regulator inspected crypto payment companies: report

June 7, 2026

Financial Supervisory Service Inspects Lenders for Illegal Debt Collection

South Korea’s Financial Supervisory Service has launched targeted inspections of lenders following a rise in consumer complaints about aggressive or unlawful debt collection activity. The review focuses on banks, nonbank lenders, and online finance platforms, with regulators citing a pattern ...

Both Visa and Mastercard agreed to relax their controversial “honour all cards” rules, which required merchants to accept all Visa or Mastercard credit cards if they accept any cards from the two networks.

June 10, 2026

Visa, Mastercard US$38 billion swipe fee settlement wins US judge’s approval

It covers more than 12 million merchants and is ‘fair, reasonable and adequate’, he says Published Wed, Jun 10, 2026 · 08:32 PM [NEW YORK] A US judge granted preliminary approval to Visa’s and Mastercard’s revised US$38 billion settlement with ...

June 9, 2026

Senate Democrats Introduce Bill To Automatically Fund CFPB

All 11 Democrats on the Senate Banking Committee have introduced legislation that would “automatically and fully fund” the Consumer Financial Protection Bureau, seeking to shield the agency from future funding cuts and political interference. The bill, introduced June 4 and ...