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June

12
2024
Trends

Consumer behaviors and attitudes about current and future household budgets, spending and debt

TransUnion’s quarterly survey explores how consumers’ personal finances have changed and what changes they expect in the future. The study measures shifting consumer attitudes and behaviors based on the dynamics of income, debt and identity theft. The analyses and insights give consumers a voice and inform businesses’ decision-making as they seek to create economic opportunity for consumers.

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June

11
2024
Industry News

In sweeping change, Biden administration to ban medical debt from credit reports

The Biden administration will propose a rule Tuesday to ban medical debt from credit reports. The rule, which will be announced by Vice President Kamala Harris and Consumer Financial Protection Bureau Director Rohit Chopra, comes as President Joe Biden beefs up his efforts to convince Americans his administration is lowering costs, a chief concern for voters in the upcoming election.

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June

11
2024
Compliance

ODD DUCK: Rocket Enterprises Sued in a TCPA Class Action and This One Is Really Weird…

So Rocket Enterprises (not Rocket Mortgage, for once) was just sued in a TCPA class action down in Texas and this is the weirdest one I have seen in a while. In Grovano Inc. v. Rocket, a liquidation sales website company– yes a business–is suing Rocket for allegedly illegal text messages.

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June

11
2024
Industry News

The Land of 10,000 Lakes Adds New Consumer Privacy Law: Minnesota Joins Privacy Fray

Minnesota’s governor has now signed into law that state’s comprehensive privacy law. For those keeping count – that is number 19 of state “comprehensive” privacy laws, with six in 2024 alone. The Minnesota law will go into effect on July 31, 2025, thirty days after Tennessee’s.

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June

11
2024
Industry News

Apple’s PCC an ambitious attempt at AI privacy revolution

Apple today introduced a groundbreaking new service called Private Cloud Compute (PCC), designed specifically for secure and private AI processing in the cloud. PCC represents a generational leap in cloud security, extending the industry-leading privacy and security of Apple devices into the cloud. With custom Apple silicon, a hardened operating system, and unprecedented transparency measures, PCC sets a new standard for protecting user data in cloud AI services.

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