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March

29
2024
Industry News

Senate agrees to new protections on debt collection

BOSTON, Mass. (SHNS)–The Senate on Thursday passed a “compromise” version of legislation affecting debt collection practices in Massachusetts, and according to its sponsor, the bill has a shot at final passage thanks to industry representatives collaborating on the rewrite.

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March

29
2024
Industry News

CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints

The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. This move follows an increase in the number of complaints the agency has received from consumers, CFPB Director Rohit Chopra said Tuesday (March 26), Reuters reported.

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March

28
2024
Industry News

Kinecta Federal Credit Union Voted South Bay's Best Credit Union According to Easy Reader's "Best of the Beach" Poll

MANHATTAN BEACH, Calif., March 28, 2024 /PRNewswire/ -- For the fourth year in a row, Kinecta Federal Credit Union was voted Best Credit Union in the South Bay in Easy Reader's 2024 "Best of the Beach" poll. The Easy Reader's annual online poll asks the community to vote for their favorite places to do business, shop and dine in the South Bay and surrounding areas. The "Best of the Beach" designation recognizes Kinecta's commitment to serving the South Bay community.

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March

28
2024
Industry News

CFPB Warns Remittance Transfer Providers About Making False Claims

The Consumer Financial Protection Bureau (CFPB) has issued a circular warning remittance transfer providers about making false claims regarding the cost and speed of international money transfers.

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March

28
2024
Trends

FTC Releases 2023 Privacy and Data Security Update

The Federal Trade Commission released its Privacy and Data Security Update for 2023 that highlights the FTC’s work to protect consumer privacy and respond to the evolving ways that companies use consumer data such as in the development of artificial intelligence models and misuse of health data.

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