FTC Hosts Tech Summit on Artificial Intelligence; CFPB Weighs In

On January 25, the FTC hosted a virtual tech summit focused on artificial intelligence (AI). The summit featured speakers from the FTC––including all three commissioners––software engineers, lawyers, technologists, entrepreneurs, journalists, and researchers, among others. First, Commissioner Slaughter spoke on how there are three main acts that led to where we are today in creating guardrails for AI use: first, the emergence of social media; second, industry groups and whistleblowers rang the alarm on data privacy and forced regulators to play catch-up; third, regulators must now urgently grapple with difficult social externalities such as impacts on society and political elections.

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CFPB Amicus Brief Supports FDCPA Claim for Unknowing Stay Violation

On January 2, the Consumer Financial Protection Bureau (CFPB) filed an amicus curiae brief urging the U.S. Court of Appeals for the First Circuit to reverse a district court’s decision finding that a debt collector lacked the requisite knowledge and intent to violate the Fair Debt Collection Practices Act (FDCPA) when it sent a debt-collection communication prior to any knowledge of the debtor’s bankruptcy filing.

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NotifyNOW and E.ON Next win Technology Development Award at the British Credit Awards 2024

MANCHESTER, UK -- NotifyNOW & E.ON Next have won the Technology Development Award at the Chartered Institute of Credit Management’s 2024 British Credit Awards.

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Slovin & Associates Supports Cincinnati Housing Assistance Programs

CINCINNATI, OH - Slovin & Associates, a creditors’ rights law firm operating in Ohio, Kentucky, and Indiana with a headquarters in Cincinnati, is proud to support its community through various outreach events. Over the last several months, the organization has specifically sought to provide relief for those struggling with both finding homes and staying comfortable within them.

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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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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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