Settlement puts new vendor-management and cybersecurity obligations on Labcorp and medical-debt collectors after a breach at American Medical Collection Agency potentially exposed information tied to 27.5 million people. Labcorp will pay $2.287 million to 44 states and adopt expanded security ...

NEW YORK — New York City’s new “Click-to-Cancel” rule took effect Oct. 1, giving the Department of Consumer and Worker Protection (DCWP) direct enforcement authority over businesses that make recurring subscriptions difficult to end. The rule requires a simple cancellation ...

The Federal Communications Commission has unanimously approved significant revisions to its Telephone Consumer Protection Act consent-revocation rules, delivering key changes sought by ACA International and a coalition that included the American Bankers Association and the National Consumer Law Center. The ...

August produced mixed results, but filings under all three statutes and CFPB complaints continue to trend above last year’s numbers. Consumer litigation activity produced mixed results in August, according to the latest WebRecon report. Fair Debt Collection Practices Act (FDCPA) ...

Key insight: Credit card provider Mission Lane has been conditionally approved for the first CEBA credit card bank charter in two decades, according to advisor Klaros Group. Expert quote: "For a business built entirely around credit cards with established non-deposit ...

By Credit and Collection News Staff Federal Trade Commission Chairman Andrew Ferguson is signaling that businesses will not be able to blame an autonomous AI agent when consumer harm results from automated decision-making. Speaking at the Reuters Momentum AI event ...

"Recent developments show that unchecked AI endangers Americans." By Aaron Katersky Understanding AI: Tech laders warn the UN on AI safety risksABC News’ Linsey Davis speaks with Christopher DiCarlo, Ph.D., author of “Building a God,” about why top tech CEOs ...

SPRINGFIELD, Mass. — Fannie Mae and Springfield Gardens, the former owner of dozens of troubled low-income apartment buildings in Springfield, have jointly asked a federal court to dismiss their remaining litigation, potentially ending the last active lawsuit connected to the ...

A federal court in the Middle District of Pennsylvania has denied borrowers’ bid for partial summary judgment in an FDCPA case against Falling Creek-related entities, holding that disputed facts require a jury to decide whether the defendants qualify as “debt ...