The group’s AI roadmap may have implications for collection agencies’ tech adoption, compliance protocols and operational innovation. A congressional task force has released a report outlining a roadmap for AI innovation, including applications within the financial services industry. The House ...

Two banking regulators — the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — are reportedly complying with a federal government-wide hiring freeze announced by President Donald Trump in an executive order last week. For ...

Greg Nash Sen. Ted Cruz (R-Texas) greets the Republican National Convention on July 16, 2024. Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to ...

On January 24, 2024, the Federal Communications Commission (FCC) delayed the effective date of the Telephone Consumer Protection Act’s (TCPA) one-to-one consent rule until January 26, 2026, or until the Eleventh Circuit concludes its judicial review of the rule and—if the court upholds the ...

Tomorrow, PYMNTS Intelligence, in collaboration with Velera, will release a groundbreaking report, “Roadmap to 2030: The Seven Strategic Planks for Credit Unions To Capture Top of Mind.” The report will offer a detailed analysis of how credit unions (CUs) can ...

The Consumer Financial Protection Bureau (CFPB) issued a new advisory opinion rescinding its November 2020 guidance on earned wage access (EWA) products. This previous guidance had exempted certain EWA products from being classified as “credit” under the Truth in Lending ...

(Bloomberg) -- Sales of new US homes ended 2024 on a high note in December as customers took advantage of incentives from builders, leading to a second straight year of increased purchases. Most Read from Bloomberg The annual pace of ...

These companies from across the U.S. are the latest to join ACA. ACA International welcomed several new members in the last month. New members can check out resources here and are encouraged to spread the word about joining ACA. Here are the ...

From ICE: ICE First Look at Mortgage Performance: Delinquencies Ended 2024 on a Strong Note Despite Remaining Near a Three-Year High • The national delinquency rate eased 2 basis points (bps) to 3.72% in December, but rose 4.0% year over ...