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March

21
2025
Trends

Top Credit Unions Invest in FinTech Partnerships to Speed Innovation

Innovation is top of mind for consumers — nearly half of them say they would entertain the idea of switching their allegiance to a financial institution (FI) that serves up the digital-first products and services designed to make day-to-day financial management easier.

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March

21
2025
Compliance

The High Cost of Repossession: Why No One Wins

Imagine if customers truly understood what life would be like without their car. What if, for just one day, they tracked every time they relied on it—commuting to work, running errands, picking up children, or attending appointments? For many, especially those in areas without reliable public transportation, losing a vehicle isn’t just an inconvenience—it’s a crisis.

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March

20
2025
Industry News

Kentucky Amends Consumer Privacy Law to Exempt Certain HIPAA-Covered Data

On March 15, 2025, Kentucky Governor Andy Beshear signed into law HB 473. The bill amends the Kentucky Consumer Data Protection Act (“KCDPA”) to exempt from the law’s application (1) information collected by health care providers acting as covered entities under HIPAA that maintain protected health information in accordance with HIPAA; and (2) information maintained in limited data sets by HIPAA covered entities in accordance with HIPAA’s relevant requirements. The KCDPA as amended will go into effect on January 1, 2026.

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March

20
2025
Compliance

Washington AG Accuses Collection Agency of Violating Notice Requirement for Collecting Medical Debt

The Washington State Attorney General’s (AG) Office filed a lawsuit against Renton Collections Inc., accusing the company of violating Washington’s Collection Agency Act by failing to include certain disclosures in their collection letters to debtors.

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March

20
2025
Industry News

Federal Judge says consideration of funds transfer is not evidence of CFPB’s demise

Saying that the CFPB’s consideration of returning funds to the Federal Reserve is not a sign that the Trump Administration intends to abolish the bureau, a federal judge has refused to issue a preliminary injunction stopping those transfers.

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