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Fifth Circuit Denies Recovery of Attorneys' Fees Despite FDCPA's Mandatory Recovery Provision

USA - November 26 2018 It is well known to financial services practitioners that a “debt collector” under the FDCPA is prohibited from using false or misleading information...


House Financial Services Committee introduces bill to provide uniform reporting standards in the event of data breaches

USA - October 17 2018 In the spirit of National Cybersecurity Awareness Month, BSCR reports that Rep. Luetkemeyer of Missouri introduced H.R. 6743, a measure aimed at...


$224 million sought in lawsuit against AT&T over cryptocurrency theft

USA - August 22 2018 A cyber thief was able to trick AT&T into providing Michael Terpin’s account information, enabling that thief to make off with nearly $24 million in...


UPDATE: Local Payday Lender enters into $1 Consent Order with CFPB

USA - August 16 2018 An action filed in the United States District Court for the Western District of Missouri culminated after four years with a consent order that is...


Major Financial Reform Bill Signed into Law

USA - May 24 2018 Today, President Trump signed into law S. 2155, The Economic Growth, Regulatory Relief and Consumer Protection Act. In doing so, President Trump...