Daily Digest – March 16. Ignite Brings Industry Together at Important Moment; CFPB Issues Rule Changing Enforcement Proceedings

IGNITE BRINGS INDUSTRY TOGETHER AT IMPORTANT MOMENT

  • LAS VEGAS — Many of the faces that will be seen at ACA International’s Ignite conference that starts here at Caesar’s Palace later today may be familiar, but the content and ideas that will be shared are sure to be unique and exciting. And this is a great time for the accounts receivable management industry to come together, because there are many unique trends and issues that call for exciting solutions.

CFPB ISSUES RULE CHANGING ENFORCEMENT PROCEEDINGS

  • The Consumer Financial Protection Bureau has issued a rule that will make it easier for engaging in enforcement actions via administrative proceedings — similar to how the Federal Trade Commission operates — rather than having to pursue enforcement actions in federal court, according to a published report. The change also expands the opportunities for entities involved in enforcement actions to conduct depositions.

CFPB UPDATES DEBT COLLECTION EXAMINATION PROCEDURES

  • Now that Regulation F has gone into effect and the industry has had time to digest all of the changes that needed to be made, it seems only fitting that the Consumer Financial Protection Bureau would update its guide detailing how collection operations are examined, to coincide with the new requirements of Reg F.

26 COMPANIES SEEKING COLLECTION TALENT

  • 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 offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location. If you are hiring, I encourage you to post your listing on the AccountsRecovery.net jobs board.

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