Daily Digest – August 27. City Opts Not To Collect $3M in Unpaid Fines; CFPB Going After Servicer

Some quick links to start your Thursday. Using voice recognition to identify and authenticate bank customers … Shawn Yates has left Experian and is now Vice President of Healthcare Services at IC System … The FTC is still in charge when it comes to making sure companies are protecting consumer data .. A trained sniffer dog found the flash drive that held Jared Fogle’s collection of child pornography … Cities with the worst traffic jams … Keyless ignition systems called “deadly” in class-action lawsuit … The country is averaging more than one mass shooting per day this year … 15 things you’re wasting your money on.

NEWS 

• The city of Las Cruces, New Mexico has opted not to try to collect nearly $3 million in unpaid fines generated by automated red-light enforcement cameras. The cameras have not been used in more than a year, but the city had only collected $36,000 in unpaid fines and was facing legal challenges against the operation so it has decided to shut down its collection efforts.

• Student loan servicer Navient is in the crosshairs of the CFPB and could be facing legal action related to how the company assessed and disclosed late fees.

Tesla’s P85D broke the rating system for Consumer Reports

One of the few jobs that’s more difficult than being a debt collector

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