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House Financial Services Committee Announces AI Working Group

On January 11, 2024, the House Financial Services Committee announced the formation of a bipartisan Working Group on Artificial Intelligence (“AI”). The working group is to be led by the Chairman of the Digital Assets Financial Technology and Inclusion Subcommittee, French Hill, along with the Subcommittee ranking member Stephen Lynch. This group is designed to address a number of the directives contained in President Biden’s Executive Order on AI issued in October 2023.

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Is your organization prepared to handle a sudden increase in collection activity? 

U.S. consumers are struggling with debt incurred during the pandemic, leaving a brewing storm of bad debt and delinquencies looming on the horizon. In this new eBook from Finvi, you’ll discover the economic factors leading to rising debt, as well as how technology can:

  • Help organizations handle this increasing bad debt.

  • Make your agents more efficient.

  • Make your strategies more effective.

  • Improve your customer service.

Read Now.
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insideARM is grateful to our 2024 Strategic Supporters:

NCB Crown Asset Management Spring Oaks Capital

Sheldon Stewart named Co-Director of CRC and Editor of Collections and Recovery Newsletter

NEW YORK, N.Y. -- Auriemma Roundtables is pleased to announce that Sheldon Stewart has been named Co-Director of the Consumer Relations Consortium (CRC) and Editor of the Collections and Recovery Newsletter. With over 25 years of experience working with and managing various aspects of the collections process at industrial banks, Sheldon is a tremendous asset to the industry advancement efforts of the CRC and the Collections and Recovery Subscribers.

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Enforcement Alert from Hudson Cook; Debt-Relief Enterprise Forced into Receivership by CFPB, Seven States

The Consumer Financial Protection Bureau ("CFPB") and Attorneys General from seven states recently obtained a temporary restraining order ("TRO") against a debt-settlement enterprise and forced it into receivership.

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McGlinchey Welcomes Seasoned Bankruptcy Attorney Tom Henderson

CLEVELAND, OH -- McGlinchey Stafford is pleased to announce the addition of Tom Henderson to the firm’s Creditors’ Rights, Financial Restructuring, and Bankruptcy team within the Financial Services Litigation practice. With over 35 years of experience in bankruptcy law in private practice and with PNC Bank, Tom brings a wealth of knowledge and a distinct, holistic approach to solving bankruptcy problems for the firm’s clients. Tom is one of the 50 new attorneys McGlinchey welcomed in 2023, as part of its focused recruitment initiative aimed at expanding its nationally recognized team.

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Speak for Yourself: Court Denies Class Certification in TCPA Case Based on Class Members’ Potentially Mixed Reactions to Ringless Voicemail Messages

On January 18, a court in the Eastern District of Wisconsin denied class certification in a Telephone Consumer Protection Act (TCPA) case concluding that the factual issue of whether the proposed class members had suffered an injury-in-fact sufficient to confer Article III standing based on the receipt of a ringless voicemail was an individualized issue that would predominate over common issues.

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John Watson Joins InteLogix as Senior Vice President of Financial Shared Services

HOUSTON, TX -- InteLogix is pleased to welcome John Watson as the Senior Vice President of Financial Shared Services (“FSS”). With 20 years of comprehensive experience in the ARM industry, John’s arrival is a significant step toward enhancing and fortifying the growth of several strategic elements of our business. John will be responsible for building a best-in-class, digital-first ARM business to complement the company’s leading CX business, providing seamless experiences for our clients’ customer journey.

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