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…

Read More > April 17, 2017

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…

Read More > January 12, 2017

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…

Read More > October 31, 2016

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…

Read More > October 4, 2016