Collections news at your fingertips

Stay up-to-date with the latest news and developments in the collections industry.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

July

5
2024
Industry News

Healthcare FinTech HealthEquity Latest in Sector Hit With Data Breach

Health tech company HealthEquity has suffered a data breach, though unconnected to other recent attacks. The company revealed that attack in a filing with the Securities and Exchange Commission (SEC) earlier this week, saying that hackers had stolen the “protected health information” of some customers.

Read post

July

5
2024
Industry News

Navigating Debt Collection and Credit Reporting Disputes – A Look at Hammoud v. J.J. Marshall & Associates

This case highlights the complexities of legal disputes involving debt collection and credit reporting and underscores the importance of providing detailed evidence and understanding specific legal standards when pursuing such claims. A consumer visited her primary physician, who recommended a colonoscopy and introduced her to Dr. Siddiqui, a gastroenterologist.

Read post

July

5
2024
Trends

Survey Says: Consumers Confused about Online Tracking

Amid the chatter regarding the elections, the Berkeley Center for Law and Technology recently released a report on Americans’ views of “Do Not Track”. They found that 87% of the 1,200 people surveyed had never heard of Do Not Track. The Do Not Track regulations that privacy groups began advocating for over 5 years ago calls for an opt-out mechanism that would allow people to opt-out once from all behavioral advertising.

Read post

July

3
2024
Trends

Feds Order Software Provider to Pay $16M: 3 Compliance Tips for Businesses on Website Data Collection and Targeted Ads

Federal officials recently banned a software provider from selling, disclosing, or licensing any web browsing data for advertising purposes – and ordered to pay $16.5 million. The Federal Trade Commission (FTC) alleged that Avast unfairly collected, stored, and sold consumers’ browsing information without adequate consent or notice.

Read post

July

3
2024
Industry News

OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches: Notice of Proposed Rulemaking

The Office of the Comptroller of the Currency (OCC) is proposing to revise its guidelines establishing standards for recovery planning by certain large insured national banks, federal savings associations, and federal branches (recovery planning guidelines) at 12 CFR 30, appendix E. The OCC invites the public to comment on all aspects of the proposal. Comments are due on August 2, 2024.

Read post

Weekly newsletter

Get DebtHub's weekly newsletter, packed with the latest economic trends, compliance news, and strategy insights that matter to collections professionals like you.