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Friday, March 23, 2018
This Weeks Articles:
FCC PROPOSES ACTION, SEEKS INPUT TO ADDRESS ROBOCALLS TO REASSIGNED PHONE NUMBERS
WASHINGTON, March 22, 2018-The Federal Communications Commission today adopted
a proposal to move forward in an effort to reduce calls placed by businesses and other
legitimate callers to numbers that are no longer assigned to the consumers who consented to
receive those calls. The Commission is proposing that one or more databases be made
available to give businesses the information they need to avoid making such calls, and thus reduce the number of unwanted calls to reassigned numbers.

read more

FTC AND NEW YORK ATTORNEY GENERAL SETTLEMENTS BAN ABUSIVE DEBT COLLECTORS FROM THE DEBT COLLECTION BUSINESS AND FROM BUYING OR SELLING DEBT
The operators of a deceptive and abusive debt collection scheme are banned from the debt collection business and from buying or selling debt under settlements with the Federal Trade Commission and the New York Attorney General's Office.
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CFPB ISSUES REQUEST FOR INFORMATION ON INHERITED REGULATIONS AND INHERITED RULEMAKING AUTHORITIES
WASHINGTON, D.C. - The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) on the Bureau's inherited regulations and inherited rulemaking authorities. The Bureau is seeking comments and information from interested parties to assist the Bureau in considering whether it should amend the regulations or exercise the rulemaking authorities that it inherited from other federal government agencies. This is the ninth in a series of RFIs announced as part of Acting Director Mick Mulvaney's call for evidence to ensure the Bureau is fulfilling its proper and appropriate functions to best protect consumers. This RFI will provide an opportunity for the public to submit feedback and suggest ways to improve outcomes for both consumers and covered entities. The next RFI in the series will address the Bureau's guidance and implementation support, and will be issued next week.
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FTC CHARGES RECIDIVIST TELEMARKETER FOR MILLIONS OF ILLEGAL CALLS PITCHING HOME SECURITY SYSTEMS AND MONITORING SERVICES TO CONSUMERS
The Federal Trade Commission has filed a complaint and motion for preliminary injunction in federal district court alleging that Alliance Security Inc., a home security installation company, and its founder, directly and through its authorized telemarketers, called millions of consumers whose numbers are on the National Do Not Call (DNC) Registry. Two of Alliance's authorized telemarketers and their principals also have agreed to settle charges that they made illegal calls on Alliance's behalf.
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NOBLE SYSTEMS APPLAUDS COURT'S TCPA RULING
Atlanta, GA - March 23, 2018: Noble Systems Corporation, a global leader in omnichannel contact center technology solutions, applauds the recent Court ruling regarding the FCC's interpretation of the TCPA statute, which significantly impacts the industry and daily operations of customer contact teams. Noble Systems has been an advocate for the contact center industry throughout the company's almost 30-year history.
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10 ROUNDTABLE PRESENTERS CONFIRMED FOR COLLECTION AND RECOVERY SOLUTIONS COLLECTION AND RECOVERY SOLUTIONS 2018
Collection and Recovery Solutions 2018 announces confirmation of speakers for ten different roundtable sessions. Often a favorite for peer learning, the roundtables provide an opportunity to learn from peers in a small group setting. www.crs2018
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GOVERNOR RICK SCOTT SIGNS PAYDAY LOAN BILL INTO LAW
Governor Rick Scott has approved a bill that will allow payday loan providers to increase loan amounts and extend the repayment time frame.
read more

FIFTH THIRD JOINS $50M FUNDING ROUND FOR STUDENT LENDING PLATFORM COMMONBOND
Online student loan specialist CommonBond has closed a $50 million Series D funding round led by the venture arm of American bank Fifth Third.
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CALLMINER TO HOST CX INTELLIGENCE SUMMIT IN BOSTON ON TUESDAY, APRIL 10TH
Waltham, MA - CallMiner, the leading platform provider of award-winning speech and customer engagement analytics, announced today that it will host industry leaders in the areas of customer service and sales, speech analytics, and quality assurance for a CX Intelligence Summit on Tuesday, April 10th in Boston, MA.
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CFPB AND FTC REPORT ON 2017 ACTIVITIES TO COMBAT ILLEGAL DEBT COLLECTION PRACTICES
Today the Consumer Financial Protection Bureau (Bureau) and the Federal Trade Commission (FTC) reported on their 2017 activities to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA) details the agencies' efforts to stop unlawful debt collection practices, including vigorous law enforcement, education and public outreach, and policy initiatives.
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AGENDA FOR THE FCC-FTC JOINT POLICY FORUM ON FIGHTING THE SCOURGE OF ILLEGAL ROBOCALLS
The Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) will co-host a Joint Policy Forum to discuss the regulatory challenges posed by illegal robocalls and what the FCC and FTC are doing to both protect consumers and encourage the development of private-sector solutions.
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ATTORNEY GENERAL BECERRA: REPUBLICAN BILL "A BOON" FOR UNSCRUPULOUS LOAN SERVICERS
SACRAMENTO - Joining a bipartisan coalition of 30 Attorneys General, California Attorney General Xavier Becerra called on the United States Congress to oppose a Republican bill that would exempt student loan originators, servicers, or debt collectors from state-level oversight and enforcement. Known as the PROSPER Act, the bill was passed by the House Committee on Education and the Workforce on December 13, 2017 in a party-line vote of 23 to 17. It is currently awaiting a vote by the full U.S. House of Representatives.
read more

AGENDA ANNOUNCED FOR THE MARCH 23, 2018 FTC-FCC JOINT POLICY FORUM ON FIGHTING THE SCOURGE OF ILLEGAL ROBOCALLS
The Federal Trade Commission (FTC) and Federal Communications Commission (FCC) will co-host a Joint Policy Forum to discuss the regulatory challenges posed by illegal robocalls and what the agencies are doing to both protect consumers and encourage the development of private-sector solutions.
read more

SUNTRUST: BUSINESSES OPTIMISTIC FOR THE FUTURE
SunTrust Banks, Inc. has released their annual Business Pulse Survey, in which small and mid-sized businesses executives were found to have a distinct increase in optimism in both the global and U.S. economic strength, shifting from half of the businesses surveyed in 2017 rating the global economy as neutral, to only about a third (36 percent of small and 34 percent of mid-sized businesses) in 2018. Additionally, just 30 percent of both small and mid-size businesses see the domestic economy in neutral terms, a 21 percent decrease for small businesses, and 9 percent decrease for mid-sized. 60 and 70 percent of these small and mid-sized businesses view the next six months with opportunities for global economic growth, respectively.
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APPEALS COURT CLARIFIES ISSUES REGARDING ROBOCALLS AND CONSENT
On Friday, March 16, the U.S. Court of Appeals for the District of Columbia Circuit has issued a ruling in the case of ACA International v. FCC, clarifying several issues with regard to consumer and industry rights pertaining to robocalls and texts sent to consumers.
read more

SDCCU EXECUTIVE NAMED CFO OF THE YEAR
The CFO of the Year awards program, in its 12th year, recognizes CFOs and financial managers from across San Diego's businesses for their contributions to company growth, leadership and community involvement. A panel of judges selects CFOs of the Year in multiple categories, including: business non-profit, public company, privately held company, non-profit organization, government agency and education, along with overall CFO of the Year. Ashlee was recognized with the top award for CFO of the Year. Several people from San Diego's leading companies attended the awards presentation and reception held March 15, at the Westin(r) San Diego Gaslamp Quarter.
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CONSUMERS' EXPECTATIONS ABOUT THEIR FINANCIAL SITUATIONS CONTINUED TO IMPROVE IN FEBRUARY
NEW YORK- The Federal Reserve Bank of New York's Center for Microeconomic Data released the February 2018 Survey of Consumer Expectations, which shows a slight increase in short- and medium- term inflation expectations. Consumers' expectations about their personal financial situations continued to improve. Expectations about changes in taxes declined to a new series' low, while expectations about growth in government debt increased sharply.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$8,820,510.00     Credit Cards
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8187  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$2,861,000.00     Payday Loans
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8186  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

Bankruptcy
LEXISNEXIS
888-332-8244

Debt Buyers
QRIXS, INC
408-726-1300

Scoring/Scrubbing
LEXISNEXIS
888-332-8244

MICROBILT CORPORATION
800-884-4397

Skip Tracing
LEXISNEXIS
888-332-8244

ONECLICK-DATA
866-508-1308

Industry Events
National Credit Union Collections Alliance Annual Conference 2018
National Credit Union Collections Alliance (NCUCA)
Venetian Las Vegas
Las Vegas, NV
April 4 - 6, 2018
More Information


LendIt Fintech USA 2018
LendIt
Moscone West
San Francisco, CA
April 9 - 11, 2018
DCS Special Discount Code: DebtConnection15%
More Information


Collection and Recovery Solutions 2018
Four Seasons Las Vegas
Las Vegas, NV
May 9 - 11, 2018
More Information

Debt Connection Symposium & Expo 2018
JW Marriott Austin
Austin, TX
September 5 - 7, 2018
More Information

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