Collections & Credit Risk

Collections Technology News

• FTC Settlement Includes Debt-Relief Charges

  Collections & Credit Risk | May 17, 2013

  Two operators of alleged tech support scams agreed to settle FTC complaints and give up what they gained in the operation. The scams included telemarketing a debt-relief program.

• News Release: Columbia Ultimate, Ontario Systems Partner on Compliance

  Collections & Credit Risk | May 14, 2013

  The Columbia Ultimate family of companies and Ontario Systems announced Tuesday a partnership to deliver accounts receivable management and Consumer Financial Protection Bureau compliance services to clients.

• California Company Settles Robocall Charges

  Collections & Credit Risk | May 14, 2013

  A California company that provides voice-over-Internet services has agreed to stop transmitting robocalls to consumers to settle charges that it violated the Telemarketing Sales Rule.

• Community Banks Brace for Cyberattacks

  Collections & Credit Risk | May 13, 2013

  Community banks, which have largely dodged a recent wave of cyberattacks, must prepare for the next major online assault.

• FTC Refunds $1.7M to Victims of Government Grant Scheme

  Collections & Credit Risk | May 10, 2013

  The Federal Trade Commission began mailing checks totaling $1.7 million to 22,764 consumers who were defrauded by a group that used Web sites to falsely claim they could help consumers receive free government grant money.

• FTC Testifies on Credit Reporting Accuracy Study

  Collections & Credit Risk | May 9, 2013

  The FTC testified before a Senate Commerce subcommittee on a recent study examining the accuracy of credit reports, and the agency’s efforts to improve accuracy through enforcement and education.