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November

9
2022
Industry News

House Committee on Small Business GOP Advances Oversight on Regulatory Burden for Small Businesses

Leaders in the U.S. House of Representative’s Committee on Small Business are seeking answers on the regulatory burden for small businesses from the Consumer Financial Protection Bureau and Federal Trade Commission, among other agencies.

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November

8
2022
Strategy

5 Strategic Steps to Improve Year-End Collections

Financial regulators in the U.S. are worried that inflation is feeding on itself. As we brace ourselves for more interest rate hikes, what are the implications for your business? Before we can answer this question, we need to look at the cumulative effect of the Fed’s latest actions to control spiraling costs.

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November

8
2022
Industry News

New York City Proposes Amendments to Debt Collection Rules

The New York City Department of Consumer and Worker Protection is proposing amendments to its debt collection rules that would strengthen consumer disclosures and update requirements for reports licensed agencies must submit to the department, among other changes.

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November

7
2022
Industry News

Attorney General Frosh Enters into Multistate Settlements Addressing 2015 Experian Data Breach

BALTIMORE, MD (November 7, 2022) – Maryland Attorney General Brian E. Frosh today announced separate settlements with Experian Information Solutions, Inc. (Experian) and TMobile USA, Inc. (T-Mobile) concerning a 2015 data breach experienced by Experian that compromised the personal information of more than 15 million individuals who submitted credit applications with T-Mobile.

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November

7
2022
Industry News

CFPB Targets Financial Industry's Ability to 'Hoard' Personal Data in Proposed Rule

The Consumer Financial Protection Bureau is taking steps to potentially incorporate more financial data protection rules into federal regulations to help individuals maintain control over their sensitive information.

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