Federal bank regulatory agencies will hold a virtual public outreach meeting on March 6, 2025, as part of their review of regulations, as required by law. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies, with input from the public, to review their regulations at least once every 10 years to identify any outdated or otherwise unnecessary regulatory requirements applicable to their supervised institutions.
Just one business day before the FCC’s one-to-one consent rule was set to go into effect, the rule became no more following the Eleventh Circuit’s decision in Insurance Marketing Coalition v. FCC.
Debt collection is a pivotal part of financial services, tasked with recovering past-due payments and maintaining cash flows. Among the industry's known challenges—such as regulatory compliance, consumer protection issues, and evolving economic conditions—there are emerging trends that could reshape the landscape in unexpected ways. By focusing on these underestimated trends, businesses can enhance resilience and competitiveness.
The latest data on fourth quarter gross domestic product indicates a general “headline number” slowdown.
But underneath the hood, consumer spending is the engine pulling the train, and though spending’s been volatile, consumer expenditures rebounded a bit in the last three months of the year, quickening from the third quarter’s pace
Last year proved to be an incredibly active year for data privacy legislation, state and federal enforcement actions, and new compliance challenges introduced by emerging technology. Looking ahead to this year, there is no sign of a slowdown. This alert provides a preview of the headline privacy issues and compliance hurdles that organizations across a variety of industries will have to contend with.
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