A federal judge in Texas has reversed a Biden-era Consumer Financial Protection Bureau (CFPB) rule which barred medical debt from appearing on credit reports, a move that is set to negatively affect millions of credit scores across the country. In ...

Funding Murphy co-founders, Marc Sanchez and Borja Sole | Image credit: Murphy Barcelona-based Murphy, a platform that uses AI for debt servicing, has emerged from stealth and secured $15M (nearly €12.84M) in combined pre-seed and seed funding. The investment round ...

The move deepens InDebted’sstrategic expansion into the U.S. telecommunications sector. ACA International member company InDebted, the global fintech transforming the collections experience through empathy and technology, has acquired U.S.-based collections agency AmSher. The acquisition accelerates InDebted’s mission to transform the ...

Man on street, speaking to reporter on camera. Cle Elum, a picturesque community in central Washington state, has been embroiled in a long-term land development dispute. After a lengthy legal proceeding, the city was directed by the courts to pay ...

Our experts and industry insiders blog the latest news, studies and current events from inside the credit card industry. Our articles follow strict editorial guidelines. KEY TAKEAWAYS Zelle has added at least 178 financial institutions to its network in the ...

WASHINGTON, D.C. – Today, U.S. Senators John Fetterman (D-PA) and Kevin Cramer (R-ND) introduced the Payment Choice Act to preserve payment options for consumers. This legislation ensures customers can use cash as a form of payment and are able to do so without ...

RELATED PRACTICES & JURISDICTIONS On June 30, California Governor Newsom has signed AB 130, a budget trailer bill related to housing. This legislation includes new requirements for mortgage servicers of subordinate mortgages, defined in the bill, and took effect immediately ...

Six months after California’s Eaton Fire, Black residents of Altadena find themselves at the epicenter of a mounting national crisis as state and federal foreclosure moratoriums expire. A Capital B analysis of public records found that roughly three dozen fire-ravaged ...

A federal judge has restored commissioner Rebecca Kelly Slaughter to her role at the Federal Trade Commission, ruling that President Donald Trump’s attempt to fire the Democratic appointee in March was illegal. U.S. District Judge Loren AliKhan issued the order ...