Recent Posts

CFPB Releases Draft of Strategic Plan

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When a football player is traded from one team to another or released, one of the first things that the team asks for is the copy of the player’s playbook, which details all of the plays that the team uses during the course of a game. The playbook is a …

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Ohio Anti-Robocall Bill Signed Into Law

Ohio Gov. Mike DeWine has signed a bill into law that criminalizes spoofing of phone numbers while also giving the state Attorney General the power to prosecute cases in state court as well as federal court, and requires entities that have Caller ID’s that identify them as “unknown” or “blocked” …

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CFPB Announces Crackdown on NSF, Overdraft Fees

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The Consumer Financial Protection Bureau yesterday put overdraft fees in its crosshairs yesterday, and already banks are responding by announcing they will no longer assess NSF fees when consumers spend more than they have in their bank accounts. Rohit Chopra, the Director of the CFPB, announced that the regulator is …

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Getting to Know Matthew Berumen of Credit Service Company

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations …

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CFPB Publishes Guide to Help Consumers Understand Reg F

Given all the blood, sweat, and tears that went into bringing Regulation F into this world, I would have expected the Consumer Financial Protection Bureau to do something to commemorate the enactment of the debt collection rule yesterday, but it instead chose a more understated approach, opting to take the …

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Cordray On Short List to be Top Banking Regulator at Fed

Richard Cordray, the former Director of the Consumer Financial Protection Bureau and the current Chief Operating Officer of Federal Student Aid, is being considered for the post of the Federal Reserve’s top banking regulator, according to a number of published reports. Cordray, who was Attorney General of Ohio before joining …

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Judge Dismisses Two Hunstein Cases for Lack of Standing

A District Court judge in New York has dismissed two cases — one of them a class action — that alleged the defendants violated the Fair Debt Collection Practices Act by sending private information to a third-party vendor to print and mail collection letters that were received by the plaintiffs, …

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New Job Listings – December 1

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any …

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