Payments Compliance
Complete Guide to Electronic Payment Services Compliance
Topics: Payments Compliance
When you offer electronic payment services and online bill pay services, you need to make sure your operations meet the highest standards of information security. Adhering to all industry standards will help you serve your customers best while avoiding the often high costs of non-compliance.
What Is the FDCPA?
Topics: Payments Compliance
The Fair Debt Collections Practices Act (FDCPA) is designed to protect consumers against abusive debt collection tactics while providing guidelines to reputable businesses for remaining in compliance while maximizing payment recovery by legitimate collection efforts. Here’s what you should be aware of to ensure FDCPA compliance.
CFPB’s October Complaint Report Focus: Service Members & Financial Services Industries
Topics: Payments Compliance
Since its inception in 2010, the Consumer Finance Protection Bureau (CFPB) has been overseeing the ongoing activities of America’s financial products & services markets. Acting as both an administrator and…
Analyzing the CFPB’s 2016 Fair Debt Collection Protection Act Report
Topics: Payments Compliance
In 1977, the United States Congress identified such a high frequency of abuse and deception attributing to unfair debt collection practices that it created the Fair Debt Collection Practices Act…
