Consumer lending

Debt-buying giant PRA Group, based in Norfolk, Va., has seen negative operating leverage in recent years because of the effects of the global economy, according to Zacks Investment Research.

A bill in Wisconsin would help libraries collect overdue book fines by allowing them to share patron information and use collection agencies or law enforcement agencies.

Dealing with late and missed payments from creditors is a chronic complaint of small businesses. A U.K.-based startup aims to attack the problem with YayPay, an automated invoicing platform with a bill-collections feature that launched this week in the U.S.

Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 104,111 U.S. properties in November, a nearly 10% drop from the previous month and down more than 7% from a year ago.

TransUnion has acquired Trustev, an e-commerce ID and fraud protection startup based in Ireland, in a $44 million deal - including $21 million initially and $23 million more contingent on meeting certain targets.

Industry groups representing a range of companies in retail, technology, financial services and utilities filed eight amicus briefs last week in a D.C. Circuit Court supporting challenges to the FCC's landmark ruling that expanded the agency’s rules under the TCPA.

JPMorgan Chase has shuffled three top executives in credit cards, mortgages and mortgage servicing.

Sections of a new proposal from Missouri Attorney General Chris Koster to curb debt collection practices he believes are abusive has the support of the Missouri Collectors Association.

U.S. District Judge Thomas M. Durkin denied requests for a new trial made by collection agency/mortgage servicer Residential Credit Solutions after it was ordered to pay $2 million to a woman who fought a foreclosure action brought by the firm.

Wyndham Hotels and Resorts agreed Wednesday to settle FTC charges that the company’s security practices unfairly exposed the payment card information of hundreds of thousands of consumers to hackers in three separate data breaches.