FEDERAL TRADE COMMISSION 16 CFR Part 314 RIN 3084-AB35 Standards for Safeguarding Customer Information
SUMMARY: The Federal Trade Commission is delaying the effective date set forth in 16 CFR 314.5 of portions of the amended Safeguards Rule, 16 CFR Part 314, as published on December 9, 2021, 86 FR 70272. DATES: The effective date for portions of the final rule published December 9, 2021,... FTC - SAFEGUARDS ACT
November 15, 2022 - The Federal Trade Commission today announced it is extending by six months the deadline for companies to comply with some of the changes the agency implemented to strengthen the data security safeguards financial institutions must put in place to protect their customers’ personal information. The deadline... https://www.ftc.gov/news-events/news/press-releases/2022/11/ftc-extends-deadline-six-months-compliance-some-changes-financial-data-security-rule
The Consumer Financial Protection Bureau’s (CFPB or Bureau) supervision program is focused on ensuring that financial institutions subject to its authority comply with Federal consumer financial laws. Where violations of law or compliance weaknesses are found, CFPB encourages compliance and deters misconduct and recidivism.Supervisory Highlights promotes transparency in the Bureau’s... https://files.consumerfinance.gov/f/documents/cfpb_supervisory-highlights_issue-28_2022-11.pdf
What is the PCI DSS? The PCI Security Standards Council (SSC) was started in 2006 by American Express, Discover, JCB, Mastercard and Visa with the goal of minimizing fraud and improving transaction security for the payment card industry. The SSC defines, implements, and maintains the Payment Card Industry Data Security Standard... https://www.jdsupra.com/legalnews/pci-compliance-guide-and-checklist-8610509/
This guide focuses on the October 2020 Final Rule.Except when specifically needed to explain theOctober 2020 Final Rule, this guide does notdiscuss other laws, regulations, or regulatoryguidance that may apply. The content of this guidedoes not include any rules, bulletins, guidance, orother interpretations issued or released after thedate on the... https://files.consumerfinance.gov/f/documents/cfpb_debt-collection_small-entity-compliance-guide.pdf
Debt Collection Practices (Regulation F)A Rule by the Consumer Financial Protection Bureau on 11/30/2020DOCUMENT DETAILSPrinted version:PDFPublication Date:11/30/2020Agency:Bureau of Consumer Financial ProtectionDates:This rule is effective November 30, 2021.Effective Date:11/30/2021Document Type:RuleDocument Citation:85 FR 76734Page:76734-76907 (174 pages)CFR:12 CFR 1006Agency/Docket Number:Docket No. CFPB-2019-0022RIN:3170-AA41Document Number:2020-24463DOCUMENT DETAILSDOCUMENT STATISTICSPage views:1,182as of 12/02/2020 at 10:15 am ESTDOCUMENT STATISTICSENHANCED CONTENTDocket Number:CFPB-2019-0022Docket Name:Debt Collection... https://www.federalregister.gov/documents/2020/11/30/2020-24463/debt-collection-practices-regulation-f
This changed environment represents a significant shift in how you engage in collections going forward and will require organizations to react, adapt, and engage quicker. Success will be much more dependent on your collection software’s capabilities. Your collection software system will need to provide a higher level of agility, responsiveness,...
The majority of collection organizations, from a lender to an outsourced collections firm, are pursuing digital channel interaction and engagement capabilities to expand their consumer communication options. Driving this move is the decline in the effectiveness of traditional communication channels (letters and telephony), and the rising success of digital channel...
ADA Filings Outpace TCPA Filings in 2019ARM companies today are faced with a growing list of compliance obligations they must consider and respond to. In virtually all areas, some ambiguity exists in the statute or regulation, or its application that opens the door to a challenge from consumer litigators. Probably...