Daily Digest - December 9, 2024

A Shameless Plug for ARMTech

As you start your holiday shopping, consider buying the best present you can get yourself and sign up to attend ARMTech. I guarantee you will walk out of the event not only with great ideas, but also a ton of new contacts. There are so many innovators and disruptors who don’t show up to other industry conferences because ARMTech is the industry’s only event exclusively dedicated to talking technology — and that is where all the innovation and disruption is happening. Don’t miss out. Sign up today!

Don’t forget to check out what’s on the AccountsRecovery streaming channel. It’s a great way to catch webinars you may have missed!

Chopra Makes First Public Comments Since Calls to ‘Delete’ CFPB

• Rohit Chopra made his first public comments about Elon Musk’s call to “delete” the Consumer Financial Protection Bureau this weekend, while a published report in The New York Times said that the Bureau is “likely here to stay. Chopra also addressed his future at the CFPB, which is likely to end when President Trump takes office in January.

• More details here.

A MESSAGE FROM TCN

TODAY’S WEBINAR

UPCOMING WEBINARS

Appeals Court Affirms Ruling for Defendant in FCRA CaseThe Court of Appeals for the Second Circuit has affirmed a ruling in favor of the defendant in a Fair Credit Reporting Act case, ruling that the plaintiff failed to demonstrate a concrete injury as required to establish standing in federal court.

• More details here.

CFPB Sues Bank, Alleges it Disconnected 24 Million Calls

• The Consumer Financial Protection Bureau on Friday announced it had filed a lawsuit against Comerica Bank, accusing it of systematically harming three million Direct Express cardholders, many of whom rely on Social Security and other federal benefits. Comerica is alleged to have deliberately disconnected more than 24 million customer service calls, charged illegal ATM fees to more than one million cardholders, and mishandled fraud claims.

• More details here. 

New ARMSights poll, sponsored by Belvista

Most recent poll results:

Compliance Digest – December 9

• Another week and more compliance news to stay on top of. Understanding these developments and breaking down what you need to understand is incredibly important, so let's bring in the experts. This week, Jacob Bach, Laurie Nelson, and Jacquelyn DiCicco tell you what you need to know about the compliance news that is happening right now.

• More details here.

• This series is sponsored by Bedard Law Group

WORTH NOTING: The best classical albums of 2024 ... Advice from the TSA if you are flying with Christmas gifts during the holiday season ... A lot of people feel pressured to spend money on gifts during the holidays and the most common culprit is family ... How to avoid pickpockets and street scams ... How to dress for different holiday party scenarios ... Amazon is bringing back its $25 flight deal. How to take advantage ... While the number of applications to college grows, there are fewer people actually enrolling ... Juan Soto has signed the richest contract in sports history.

Music Monday, part I

Music Monday, Part II