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 Proposes Controls on Third-Party Debt Collection Practices
Topics: Payments Compliance
Debt collection is big business. In the United States, the annual amount of debt collection, not including debt owed to the federal government, exceeds $13 billion dollars. Across the country,…
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August 16, 2016
Dodd-Frank Act on the Block: House Financial Services Committee Proposes Changes
Topics: Payments Compliance
When the Obama government ascertained the complex causes that led to the “Great Recession” of 2007-2009, it enacted into law rules that would prevent the excessive risk-taking that created that…
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August 9, 2016
CFPB Announces Changes to Senior Leadership Team
Topics: Payments Compliance
Recently, the CFPB announced three modifications to their senior leadership team. “These leaders have played important roles in fulfilling the CFPB’s mission to protect consumers,” said Richard Cordray, Director of…
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August 4, 2016
CFPB Proposes Data Privacy Notification Rules
Topics: Payments Compliance
In 1999, Congress passed the Gramm-Leach Bliley Act (GLBA) to reform the country’s financial services industry, due to its growing use of digital technology and the consequent threat to consumer…
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August 2, 2016
