Fintech targets 2027 launch of Stamford, Connecticut-based bank offering deposits, cards and installment lending—pending FDIC, Federal Reserve and final OCC clearances. Revolut has received conditional approval from the Office of the Comptroller of the Currency to establish a U.S. national ...

Federal recalculation of PSLF payment histories is reducing qualifying-payment counts for some borrowers, creating uncertainty for public servants nearing loan forgiveness and raising potential servicing, credit-reporting and collections concerns. The U.S. Department of Education is reviewing Public Service Loan Forgiveness ...

A phone rings during lunch. Unknown number. The caller is a scammer impersonating the IRS. Again. The FCC is done pretending this is acceptable. The agency’s Consumer and Governmental Affairs Bureau published a public notice on September 2, 2026, proposing ...

Strong sales momentum, stable pricing and disciplined inventory management point to a more resilient U.S. auto market than broad economic anxiety would imply. The pressure point remains affordability—particularly for credit-challenged and budget-conscious consumers. By Credit and Collection News Staff Economic ...

Australia is proposing a major reset of privacy law that would require organisations to show that their collection, use and disclosure of personal information is “fair and reasonable in the circumstances”—even when they have obtained consumer consent. For creditors, collection ...

New unified fraud score is the company's first combined offering in-market since Visa's acquisition of Featurespace which delivers real-time A2A risk insights New graph-powered, agentic capability helps accelerate complex fraud and risk investigations A2A Protect has been shown to reduce ...

A proposed agreement between Massachusetts and Avon debt collector Andrew Metcalf would cancel thousands of alleged consumer debts, unwind judgments and liens, and permanently remove Metcalf and his companies from the state’s collection market—subject to court approval. By Credit and ...

Mortgage lenders and brokers are being reminded to review their disclosure workflows, vendor controls and borrower-facing materials after the Consumer Financial Protection Bureau released updated guidance tied to its “Your Home Loan Toolkit.” The Consumer Financial Protection Bureau has released ...

Republicans in the House of Representatives have introduced a reform package that would change how the Consumer Financial Protection Bureau (CFPB) is funded, reviewed and supervised. H.R. 10184 – introduced by Financial Institutions Subcommittee Chairman Andy Barr (R-Ky.) and House ...