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December

9
2022
Industry News

Arizona State Court Issues Show Cause Order: Will Review Constitutionality of Arizona Protection from Predatory Debt Collection Act

On December 5, an Arizona Superior Court for Maricopa County issued an Order to Show Cause to the state of Arizona and scheduled an expedited evidentiary hearing in a suit challenging the newly passed Arizona Protection from Predatory Debt Collection Act (the Act), also known as Proposition 209. Arizona voters passed the Act in the November midterm elections and it became effective on December 5, the same day the suit and show cause order were filed.

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December

9
2022
Industry News

Kinecta Federal Credit Union Recognized by the 2022 Rochester Choice Awards

ROCHESTER, N.Y., Dec. 9, 2022 /PRNewswire/ -- The Democrat & Chronicle, hosts of the annual Rochester Choice Awards, asked the Rochester community to vote for the best businesses and organizations in the area. Kinecta Federal Credit Union was selected as a finalist for Best Credit Union, meaning many Rochester residents made Kinecta their first choice for their banking needs.

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December

9
2022
Industry News

Wing Financial Files Notice of Data Breach Affecting Over 240k Clients

On December 1, 2022, Wing Financial (an independently owned franchise of Jackson Hewitt) reported a data breach with the Maine Attorney General after confirming that an unauthorized party was able to access confidential consumer information that had been entrusted to the company.

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December

9
2022
Industry News

New York Telemarketing Law Requires Immediate Disclosure of DNC Right

In December 2022, New York Governor Kathy Hochul signed a bill into law that requires telemarketers to advise consumers at the very beginning of telemarketing calls of their right to be placed on the company’s Do-Not-Call (DNC) list. This amends existing law (Section 399-Z) that had required telemarketers to disclose the right to be added to the seller’s entity-specific DNC list during a call but had not stipulated when the disclosure had to be made.

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December

9
2022
Industry News

Arizona judge puts part of Proposition 209, which gives medical debt relief, on hold

Arizonans overwhelmingly approved ballot Proposition 209, which reduces the maximum interest rate on medical debt, but a judge has halted the measure from taking full effect, at least for now.

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