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November

28
2023
Industry News

Illinois Federal District Court Grants Summary Judgment Holding Use of a Local Area Code by a Non-Local Debt Collector Does Not Give Rise to a FDCPA Claim

In Brown v. MRS BPO, LLC, the Northern District of Illinois, acting on its own motion, granted summary judgment in favor of the defense on claims asserting violations of the Fair Debt Collections Practices Act (FDCPA).

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November

28
2023
Industry News

A New Landmark for Consumer Control Over Their Personal Information: CPPA Proposes Regulatory Framework for Automated Decisionmaking Technology

Today, the California Privacy Protection Agency released draft automated decisionmaking technology (ADMT) regulations that define important new protections related to businesses’ use of these technologies. The proposed regulations would implement consumers’ right to opt out of, and access information about, businesses’ uses of ADMT, as provided for by the California Consumer Privacy Act (CCPA). The Agency Board will provide feedback on these proposed regulations at the December 8, 2023 board meeting, and the Agency expects to begin formal rulemaking next year.

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November

27
2023
Industry News

CUNA, NAFCU, trades request comment deadline extension for Fed's interchange proposal

CUNA, NAFCU, and other financial services organizations requested the Federal Reserve extend the deadline for its interchange proposal by at least 90 days in a letter sent Wednesday. The Fed proposed the changes at an October meeting, and comments are currently due Feb. 12.

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November

27
2023
Industry News

As Americans begin their holiday shopping, Congress considers legislation on swipe fees

With another holiday shopping season kicking into high gear, it’s not just retailers who will benefit: Credit card companies will collect billions of dollars in fees for processing all those purchases made with plastic.

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November

27
2023
Industry News

U.S. House Panel To Investigate Proposed FTC Rule To Help Car Buyers

A Congressional committee plans to launch an investigation into a new rule to protect car buyers proposed by the Federal Trade Commission (FTC) on the grounds that it could be harmful to consumers and small businesses.

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