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Experiencing a ransomware infection or other security breach ranks among the worst days of anyone's life — but it can still get worse.

Like if you completely and utterly stuff up the incident response investigation and that snafu adds millions of dollars more in damages costs to the overall bill.

As a result of a Federal Trade Commission lawsuit, a federal court has temporarily halted the operations of a wide-ranging business opportunity and credit repair scam that has operated under the name “Growth Cave” since at least 2020.

To help ensure credit unions can continue to support the needs of Americans struggling with inflation, the National Credit Union Administration will no longer publish overdraft and non-sufficient fund fee income for individual credit unions, Chairman Kyle S. Hauptman announced today. The NCUA will collect the data during supervisory examinations.

The debt collection industry is at a pivotal crossroads between traditional methods and the burgeoning world of automation. As collections executives navigate this transformation, the potential to streamline processes and enhance efficiency is more enticing than ever.

The Senate Banking Committee on March 6 approved the nomination of Jonathan McKernan to be Director of the Consumer Financial Protection Bureau.