Data Privacy & Security Roundup: New Laws, Regulations and Important Dates in 2024

The upward trend in data privacy legislation continued in 2023. According to the National Conference of State Legislatures, “[a]t least 40 states and Puerto Rico introduced or considered at least 350 consumer privacy bills in 2023,” a significant increase from the 200 bills in 2022.  Many of these bills were limited in scope, relating to, for example, biometric, genetic and geolocation data, data brokers, and internet service providers.

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Michael Meyer Joins Spring Oaks Capital as Chief Technology Officer

CHESAPEAKE, Va. -- Spring Oaks Capital, LLC is excited to announce the hiring of Michael Meyer as Chief Technology Officer. Michael will lead the firm’s efforts in data science, data engineering, product development, and information security and infrastructure, reporting directly to President & CEO Tim Stapleford.

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Avoid CFPB Fines/FCRA Violations with Proven Strategy

On December 15, 2023, the Consumer Financial Protection Bureau (CFPB) entered into a consent order alleging that a furnisher/debt collector failed to properly investigate disputes, failed to complete investigations within the requisite 30 days and that the furnisher deleted too many credit bureau tradelines in response to indirect disputes. The industry should collectively take note of the details in the consent order as it provides valuable insight into the policies and procedures the CFPB expects to see.

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ConServe Cares Program Donates to the Hillside Special Santa

ROCHESTER, N.Y. -- Continental Service Group, LLC d/b/a ConServe, takes great pride in supporting its community, especially during the holiday season. We aim to bring joy to children and families who may be facing difficult challenges during this time. Through our ongoing philanthropy program, we provide support and funding to various agencies that strive to make a positive impact on people's lives.

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CFPB and FTC File Amicus Brief Urging Fourth Circuit to Find FCRA Requires Investigation Regardless of Whether Dispute Is Factual or Legal

On December 8, the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) (collectively, the agencies) filed an amici curiae brief urging the U.S. Court of Appeals for the Fourth Circuit to reverse a district court’s decision finding that furnishers need not investigate indirect disputes involving purely legal questions under the Fair Credit Reporting Act (FCRA).

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Landmark Strategy Group Supports FeedMore WNY During the Holiday Season

BUFFALO, N.Y. --  Landmark Strategy Group, a nationally licensed and bonded receivables management firm located in West Seneca, NY, is proud to highlight their continued support of FeedMore WNY. Especially during the holiday season, it was important to the Landmark team to step aside on Dec. 21 to support those in the community who need the most help.

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Featured Resources and Webinars

from insideARM.com

» Seizing the Opportunity in Uncertain Times: The Collections Industry in 2023

» Listen to Voice AI in Action

» Streamline Your Collections Process with Voice AI

» NAVIGATING COLLECTIONS LICENSING: How to Reduce Financial, Legal, and Regulatory Exposure

» A New Kind of Collections Strategy: Empowering Lenders Amid a Shifting Economic Landscape

» Open the Door to SMS Communication for Debt Collection

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