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The Better Business Bureau of Central New England is reporting complaints from consumers about fake debt collection calls that include threats of arrest and wage garnishment if bills are not paid.
June 7 -
The CFPB filed a lawsuit Monday against the payment processer Intercept Corp. and its two top executives for allegedly enabling clients to withdraw millions of dollars' worth of illegal charges from consumer bank accounts.
June 7 -
DBA International released a statement late Monday responding to Sunday's episode of HBO's Last Week Tonight, which focused on the debt-buying industry.
June 7 -
U.S. card issuers lose $10.9 billion each year to card fraud, according to research released Tuesday by LexisNexis Risk Solutions.
June 7 -
Compared to the United States, other geographies have seemingly had an easier task to bring real time payments to market simply based on their size.
June 7
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HBO's Last Week Tonight on Sunday took a detailed look at the business of debt collection and debt buying, then forgave nearly $15 million in medical debt.
June 6 -
Two debt buyers have entered into consent judgments with the New York Department of Financial Services for allegedly violating the Fair Debt Collection Practices Act and New York Debt Collection Procedures Law.
June 6 -
New Resource Bank has opened its first branch outside its home base of San Francisco with an eye toward furthering its green-lending mission.
June 3 -
The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.
June 3 -
Verifone and its beacon technology provider Footmarks are partnering with Allrecipes.com and grocery retailer Marcs in Ohio to deliver meal recommendations to shoppers.
June 3
