On March 1, the Consumer Financial Protection Bureau (CFPB) released a report highlighting the effect of medical collections on consumer credit reports. The CFPB found that medical collections tradelines appeared on 43 million credit reports, and past-due medical debt is more prevalent among Black and Hispanic individuals. That same month, the three nationwide consumer reporting
Please join Troutman Pepper Partners Kim Phan and James Kim as they discuss the firm’s expanded capabilities in the fintech world, recent compliance issues for fintech companies, the CFPB’s dormant authority to supervise certain nonbank entities and its potential impact on fintech companies, as well as the CFPB’s trend to name individuals in enforcement actions.
Wednesday, July 6 • 2:00 p.m. ET
Over the last couple of weeks there has been a dramatic increase in momentum for federal privacy legislation. On June 3, H.R. 8152, the American Data Privacy and Protection Act (ADPPA) was introduced, and this legislation would be the first comprehensive privacy proposal to gain bipartisan, bicameral support.
CDIA’s Annual Law and Industry Conference
Webinar: Driving Change: Litigation & Enforcement Developments in the Consumer Reporting Industry
Troutman Pepper attorney David N. Anthony joined forces with Eric Ellman, Senior Vice President of Public Policy & Legal Affairs for the Consumer Data Industry Association and Rebecca Kuehn of Hudson Cook, on June 8 to deliver
On May 25, the Consumer Financial Protection Bureau (CFPB or Bureau) published a blog post, examining what it describes as the “practice of suppressing payment data.”
Per the blog post, the CFPB alleges that its research conducted in 2020 “uncovered that only about half of the largest credit card companies contribute data to credit
Thursday, May 26 • 12:00 – 1:00 p.m. ET
California was the first state to enact a comprehensive state privacy bill with the California Consumer Privacy Act of 2018 (CCPA). Although the CCPA went into effect on January 1, 2020, it was significantly overhauled during California’s November 2020 General Election, when the California Privacy Rights
On May 11, the Senate voted 51-50 to confirm Alvaro Bedoya as a member of the Federal Trade Commission (FTC), requiring Vice President Kamala Harris to cast the tie-breaking vote. Bedoya gives Democrats a 3-2 majority at the consumer protection agency.
Bedoya’s confirmation was not a sure thing. Republicans held up his nomination for eight
Official Site
June 7 – 8, 2022
CDIA’s fifth annual industry wide conference is an essential event to convene, connect, and hear from world-class speakers on the most relevant and critical issues facing the industry. This is the only conference that connects the entire consumer reporting ecosystem! David Anthony and Kim Phan will be speaking
On April 28, the Connecticut House passed Senate Bill 6, an act concerning personal data privacy and online monitoring (SB 6 or Connecticut Act). The Senate unanimously passed SB 6 on April 20, and is now currently under consideration by Governor Ned Lamont. If the bill becomes law, it will go into effect on
On March 25, a huge sigh of relief was heard from businesses and organizations located throughout the United States and Europe after the U.S. and European Commission announced their agreement in principle on a new Trans-Atlantic Data Privacy Framework (Framework) to effectuate the cross-border transfer of personal data from the European Union (EU) to the