Headline News - Credit and Collection News

EEOC Updates Workplace Harassment Guidelines Reinforcing Protections ...

August 17, 2026

EEOC Moves To End 60-Year Workforce Demographic Reporting System

Proposal would eliminate EEO-1 and related race-and-sex data reports, but covered employers should not assume their broader employment-record obligations disappear. The Equal Employment Opportunity Commission has proposed eliminating the federal workforce-demographic reporting system that has anchored workplace civil-rights data collection ...

Rezolv Secures $3.5 Million Seed Funding to Revolutionize Debt ...

August 17, 2026

Rezolv Raises $12.5M Series A To Push AI Beyond Debt Collection

Mumbai-based Rezolv has raised $12.5 million in a Series A round led by Norwest Venture Partners, positioning the company to expand its AI-led credit-services platform beyond its original debt-collection focus. The funding marks a significant escalation for the startup, founded ...

August 17, 2026

Department for Business and Trade Records Over £28.2 million in Late Payments

The UK Department for Business and Trade recorded more than £28.17 million in invoices paid late between April 2023 and May 2026, according to Freedom of Information data. The disclosure is notable because DBT is also central to the government’s ...

August 12, 2026

Big businesses pay suppliers on time less than 15% of the time

The UK’s largest companies pay supplier invoices by the day payment is due on fewer than one in seven occasions, new research reveals. Businesses employing more than 1,000 people paid suppliers on time just 15% of the time in March ...

August 13, 2026

Regal ties its voice AI agents into Five9’s contact center platform

Enterprise voice artificial intelligence company Regal Voice Inc. today unveiled an integration with Five9 Inc. that makes its autonomous AI voice agents available to customers of the contact center software provider. Five9 lists the agents in its AI Agent Connect ...

August 17, 2026

Fraudulent PPP Loan Sent to Collections Triggers 100-Point Credit-Score Drop

A New York consumer says a fraudulent COVID-era PPP loan that he had disputed for years was referred to collections, cutting his credit score by 100 points in a single day. The case underscores the consumer-reporting risk embedded in the ...

August 16, 2026

FTC Sending $23.8 Million to 640,000 Consumers in Grubhub Redress Distribution

The Federal Trade Commission is distributing more than $23.8 million to 640,038 Grubhub drivers and diners as consumer redress stemming from allegations that the food-delivery platform misled workers and consumers. The payments mark the consumer-remediation phase of the FTC’s 2024 ...

August 17, 2026

Encore Capital Group Sets New 1-Year High

Encore Capital Group Inc (NASDAQ:ECPG - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $103.76 and last traded at $104.2990, with a volume of 258094 shares changing hands ...

August 11, 2026

FTC reports social media scams caused more than $90 million in losses in 2025

The Federal Trade Commission has reported that social media ad scams caused more than $90 million in losses last year. Nearly 30% of people who reported losing money said this began on social media. The FTC said this was an ...

FinCEN Flags Nearly $5 Billion in Transactions Linked to Suspected ...

August 13, 2026

FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for Millions of Small Business Owners

Will Delete Information Previously Reported by U.S. Persons WASHINGTON––Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information ...