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As a result of the agency’s law enforcement actions, the Federal Trade Commission sent $337.3 million in refunds to consumers in 2024, according to the FTC’s annual report on refunds released today.

According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions rose by $52 billion, or 2.3 percent, to $2.31 trillion over the year ending in the fourth quarter of 2024. Insured shares and deposits grew $58 billion, or 3.4 percent, to $1.78 trillion. The delinquency rate at federally insured credit unions was 98 basis points in the fourth quarter of 2024, up 15 basis points from one year earlier.

The Utah Legislature has passed H.B. 279, known as the Earned Wage Access Services Act. Sponsored by Representative A. Cory Maloy (R) and Senator Chris H. Wilson (R), this legislation aims to regulate earned wage access (EWA) providers. Notably, “providers” is defined to include a person engaged in the business of offering earned wage access, but not an employer that advances a portion of earned wages directly to employees or independent contractors. If signed by the Governor, the Act will take effect on May 7, 2025.

The health care industry faces a critical security challenge. While organizations invest millions in advanced medical technologies, their approach to protecting sensitive data remains notably outdated. This isn’t merely a compliance issue; it’s a fundamental gap in implementing the hardened security architecture and advanced governance frameworks needed to protect vital medical information. The latest proposed amendments to HIPAAattempt to address these challenges, but without a foundation of robust security infrastructure, even the strongest regulations prove insufficient.

A successful debt settlement strategy requires a blend of empathy and expertise. Understanding the nuances of how debt settlement companies operate can offer valuable insights into optimizing negotiation processes. These proven best practices will help foster collaboration with debt settlement companies.