WASHINGTON, D.C. – The Consumer Bankers Association (CBA) today announced President and CEO Lindsey Johnson will join U.S. House Financial Services Committee leadership and industry leaders for a fireside chat on the need for proposed reforms and how to establish ...

What a new appellate case teaches California creditors about stipulated judgments, liquidated damages, and discounted debt. A California Court of Appeal just wiped out a $1.5 million stipulated judgment against a defaulting borrower and sent the creditor back to the ...

A set of AI tools built for credit union work, ready to deploy and shared across the credit unions that use the platform   ASHLAND, Ore. — CU 2.0 today launched the CU 2.0 AI Platform, giving credit unions a ...

The FDIC announced a new two-phase process for reviewing deposit insurance applications this month, as the agency seeks to “encourage new bank formation, accelerate the speed of the review process, and improve the efficiency of the application process,” per the ...

Houston – Beginning September 8, the City of Houston says it will begin disconnecting water service for customers who are 90 days or more behind on their bills and owe more than $500. Houston Public Works Director Randy Macchi says ...

SACRAMENTO – In a new comment letter, the California Department of Financial Protection and Innovation (DFPI) opposed federal regulators’ proposed changes to the nation’s bank rating system known as CAMELS, warning that the move will jeopardize the economic well‑being of millions of Californians and ...

The schedule will take effect on Jan. 1, 2027, as part of the city’s overall debt collection rule amendments. The New York City Department of Consumer and Worker Protection’s penalty schedule for debt collection rule violations will take effect on ...

By Credit and Collection News Staff Meta Platforms has agreed to a sweeping multistate settlement worth up to $17.1 billion, resolving claims that Facebook and Instagram were designed with addictive features that harmed young users and misled the public about ...

Aug. 27, 2026 (DENVER) – Attorney General Phil Weiser today announced a lawsuit against Activehours, Inc., which does business as EarnIn, for illegally providing high cost payday loans to tens of thousands of Colorado consumers. EarnIn is a financial technology ...