Inside PaymentVision’s Blog
Welcome to the PaymentVision™ Blog. Read articles covering the latest in the payment processing industry. Learn more about increasing bill collection, staying compliant, industry trends, business continuity, and more.
CFPB 2016 Report Reveals Past Crimes and Future Opportunities
Topics: Payments Compliance
In its 2016 annual report, the Consumer Finance Protection Bureau (CFPB) revealed that 24 percent of all the debt collection complaints it received that year involved criminal activities by debt…
CFPB Consumer Complaints Explained
Topics: Payments Compliance
The Consumers Financial Protection Bureau has released its Monthly Consumer Complaints Report for November 2016. These monthly reports are a “high-level snapshot” of three-month trends in consumer complaints about financial products…
Cleaning Up Regulation E – The Electronic Fund Transfer Act
Topics: Payments Compliance
A few technical corrections to the implementation provisions of the Electronic Fund Transfer Act On October 12, 2016, the Bureau of Consumer Financial Protection (CFPB) published a Final Rule in…
Getting the Loan Was Easier: The Challenges of Student Loan Servicing
Topics: Merchant Payment Processing
As an independent agency of the United States government, the Consumer Financial Protection Bureau (CFPB), formed on July 11, 2012, is responsible for protecting the interests of consumers in financial…