BNPL is Primed for Growth

Despite Buy-Now-Pay-Later (BNPL) info flooding the newswires, it holds only a small percentage of the payments landscape with 9% of global e-commerce transactions in 2021 (Juniper Research). However, it is growing fast both in the US and globally.

Read the Whole Story »

Fifth State in the Union Becomes Fifth State to Enact Data Privacy Legislation

On May 10, Gov. Ned Lamont signed into law Substitute Senate Bill 6 (Public Act 22-15), Connecticut’s version of comprehensive consumer data privacy legislation.  This makes Connecticut the fifth state to enact such legislation, following California, Virginia, Colorado, and Utah.  The Act will go into effect July 1, 2023.

Read the Whole Story »

Court Reduces Punitive Damages Award in FCRA Case

In Ramones v. AR Res., Inc., No. 19-62949-CIV-SCOLA/SEITZ (S.D. Fla. Apr. 8, 2022), the court refused to set aside an award of punitive damages based on violations of the Fair Credit Reporting Act, but it reduced the jury’s award from $700,000 to $450,000.

Read the Whole Story »

Credit Eco to Go: Coming to America- Building a Friction-less Collection Process

The co-Founders of @Creditas, India’s leading technology provider in the delinquent management space, are our guests to kick off the 3rd season of @ClarkHillLaw’s #CreditEcoToGo. Anshuman Panwar and Madan Srinivasan share their observations of the US collections market, where they hope to launch shortly, and the unique architecture of their technology that was built with the consumer in mind.

Read the Whole Story »

Malone Frost Martin Hires Chelsey Pankratz to Open Jacksonville Office

DALLAS, TX -- Malone Frost Martin PLLC (MFM), a leading industry defense and compliance law firm, is very pleased to announce the addition of Chelsey Pankratz who will head up MFM’s new satellite office location in Jacksonville, Florida at 301 W. Bay Street, Suite 14147, Jacksonville, FL, US 32202.

Read the Whole Story »

CFPB Says ECOA Applies to an Accounts Full Life Cycle, including Collection Procedures

On May 9, 2022, the CFPB announced it issued an advisory opinion stating that in its opinion, the Equal Credit Opportunity Act (ECOA) applies to every aspect of dealing with a creditor, not just to the credit application process. The advisory opinion indicates ECOA protections apply to revocation, collection procedures, alteration or termination of credit, and anything else that takes place after credit has been extended.

Read the Whole Story »

Solve Your Staffing Shortage: How to Recruit, Hire, and Retain Your Best Employees

TOMORROW! 19 May 2022 at 02:00 p.m.

Recruiting, hiring, and retaining great employees has never been easy, but now, with the changes in the workforce as a result of the pandemic, it’s more challenging than ever. Organizations are recruiting in non-traditional ways, putting more effort into a thorough interview process, and trying really hard to retain their best employees. Plus, prospective employees are interviewing you the same way you’re interviewing them. So how can you solve your staffing shortage?

Event Details »

Featured Resources and Webinars

from insideARM.com

» Data Matters: How to Build the Foundation for Your Data Program - Session 2

» Monthly Credit Industry Snapshot

» Data Matters: How to Build the Foundation for Your Data Program - Session 1

» TCN’s Natural Language Compliance

» Seven Steps to Get Calls Answered and Restore Trust in the Phone

» [On-Demand] A Complete Guide to Risk and Gap Assessments

View all Free Reports and Webinars