Debt collection agencies are starting to use automated voice systems and AI-driven messaging to handle consumer calls. These systems help scale outreach, reduce call center staffing demands, and offer 24/7 service. A new study covering 11 European countries found that ...

Credit One Bank has agreed to pay $10.2 million to resolve a civil consumer protection lawsuit brought by a coalition of California district attorneys over allegedly harassing debt collection calls to California consumers. Core allegations Prosecutors alleged that Credit One ...

Saks Global took a big step forward in its bankruptcy case on Friday when a federal judge gave the final sign-off on the debtor-in-possession financing meant to see it through the Chapter 11 process and back to solvency. The “first-day ...

Real-time financial crimes platform improves risk visibility, accelerates fraud investigations, strengthens member protection MONETT, Mo., Feb. 23, 2026 /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) announced today that SELCO Community Credit Union (SELCO) is leveraging Jack Henry Financial Crimes Defender™, the company's fraud and ...

 (GLOBE NEWSWIRE) -- First Community Credit Union (First Community) proudly announced the achievement of a major strategic milestone, reaching $2.9 billion in assets, marking the successful attainment of a long‑term organizational goal. In celebration, First Community is honoring its people‑first ...

Quick Hits On December 19, 2025, the FTC announced an enforcement action against business-to-business no-poach practices and issued a proposed order that would require building services contractor Adamas Amenity Services LLC and its affiliated businesses (Adamas) to cease enforcement of ...

More Americans are turning to "buy now, pay later" financing for everyday purchases like food delivery and groceries. But new data suggests a growing number of people struggle to keep up with those payments. Findings from LendingTree show 41% of ...

A new report from the Council of Economic Advisers (CEA) estimates that the Consumer Financial Protection Bureau (CFPB) has imposed $237 billion to $369 billion in cumulative costs on U.S. consumers since its creation in 2011, largely through higher borrowing ...

Visa, Mastercard Can't Avoid Swipe Fee Claims Pass-On The article refers to a recent UK Competition Appeal Tribunal (CAT) ruling that rejected Visa and Mastercard’s attempt to strike out merchants’ antitrust damages claims on the theory that any overcharge was ...