Tax professionals across the country find themselves facing a wave of client questions as the Small Business Administration sent nearly 500,000 delinquent pandemic loans to the Treasury Department’s collection apparatus. Moving these loans over to Treasury for collection has been ...

By Credit and Collection News Staff An Ontario worker’s allegation that her former employer threatened to place a claimed wage overpayment with a collection agency after she pursued unpaid-wage claims has been dismissed by the Human Rights Tribunal of Ontario, ...

DALLAS and BUFFALO, N.Y. — Online vehicle-auction operator Copart Inc. has agreed to acquire digital wholesale marketplace ACV Auctions Inc. in an all-cash transaction valued at approximately $1.9 billion, a deal that would move Copart deeper into the dealer-to-dealer used-vehicle ...

The conversation around AI and subprime lending has moved from whether it will affect the business to when it will have an even bigger impact. Model governance, third party auditing, and state-level rules are all under active discussion in Washington, ...

Nine Navy Federal Credit Union members have voluntarily dismissed their claims in a proposed mortgage-discrimination class action, ending—for now—a closely watched lawsuit that had survived a key appellate ruling earlier this year. The dismissals remove the named borrowers from the ...

By Credit and Collection News Staff Ant International is teaming with Visa and Mastercard to develop common standards for payments initiated by artificial-intelligence agents, a move aimed at building stronger identity, authorization and risk controls as AI systems begin making ...

DENVER — Earned-wage access provider EarnIn, which participated in efforts to establish a separate regulatory framework for wage-advance services in Colorado, is now facing a lawsuit from Attorney General Phil Weiser alleging that its direct-to-consumer “Cash Out” product is unlawful ...

Advances Chime’s vision to become the leading consumer technology company built to bank mainstream America Bank subsidiary to add foundational piece to Chime’s vertically integrated platform Expected to be immediately accretive to Chime’s EPS, with more than $100 million in ...

Fayette County Public Library is celebrating Library Card Sign-Up Month by encouraging residents to explore the many benefits of owning a library card. A card provides free access to a statewide network of more than 300 participating public libraries, an ...