CFPB Launches Public Comment Process for Open Banking Standard Setter Recognition

On September 24, the Consumer Financial Protection Bureau (CFPB or Bureau) announced a significant development in its efforts to implement open banking rules in the United States. The Bureau has initiated a public comment process for the first application from an organization seeking recognition as an open banking standard-setter.

Read the Whole Story »

Leverage our expertise and enhance your compliance team. 

At Research Assistant, we understand that compliance is a massive job that’s performed by increasingly smaller teams. As a member, you’ll get the insight you’re looking for from weekly roundtables, an alert service, and CMS-enhancing tools, all curated by our team of compliance experts. Learn More.  

Shareholders Sharpen Focus on AI-Related Securities Disclosures

As Alston & Bird’s Securities Litigation Group reported, the number of securities class actions based on AI-related allegations is rising.  With six new filings in the first half of 2024 and at least five more identified by the authors since, a new trend of AI lawsuits has emerged. This trajectory is likely to continue alongside increased AI-related research and development spending in the coming years.

Read the Whole Story »

Tracey Montoya Joins Spring Oaks Capital as Director of Acquisitions

CHESAPEAKE, Va. -- Spring Oaks Capital, LLC is pleased to announce the hiring of Tracey Montoya as Director of Acquisitions. Tracey will be based in Naples, Florida and report directly to President & CEO Tim Stapleford.

Read the Whole Story »

insideARM Weekly Recap - Week of September 23rd, 2024

News in the ARM industry moves at lightning speed; determining what's important and what’s just noise can be challenging. This is why the editorial team at insideARM sifts through all the news and brings you the need-to-know highlights. We hope you're ready to dive into this week's key updates, starting with a major CFPB settlement and critical rulings on TCPA and overdraft practices.

Read the Whole Story »

ConServe Welcomes Matthew Rehnelt as the New Director of Business Development

ROCHESTER, N.Y. -- Continental Service Group, LLC d/b/a ConServe, a prominent leader in the collections industry, is excited to announce the addition of Matthew Rehnelt to their Sales Department as the Director of Business Development.

Read the Whole Story »

CFPB Reminds Financial Institutions to Retain Records of Affirmative Consent for Overdraft Opt-in

On September 17, 2024, the CFPB issued Consumer Financial Protection Circular 2024-05 on improper overdraft practices. The circular reminded financial institutions of their obligation to retain records that prove the consumer consented to the institution’s payment of ATM and one-time debit card transactions.

Read the Whole Story »

Featured Resources and Webinars

from insideARM.com

» ARM Tech Trends: Addressing Common Customer Queries

» Predictive, Collaborative, and Intelligent Contact Data

» The New Reality of Collections Staffing

» Multi-Channel AI: Improve Contacts & Increase Revenue Compliantly

View all Free Reports and Webinars