Visa Issues Security Alert

Visa’s payment fraud protection found two breaches in the U.S. at gas stations.The exact locations where the breaches took place are not specified. According to Visa, “the threat actors successfully compromised the merchant’s network through a phishing email that contained a malicious attachment”. Visa is now pushing for fuel dispenser merchants to upgrade their technology […]

Should debt collectors be excluded from the new robocall rules?

Long after consumers have cried out for the Federal Communications Commission to step up to the plate and do something about the harassing robocalls, FCC Chairman, Ajit Pai has proposed a ruling which would allow phone companies to block unwanted solicitation phone calls to customers. The proposal goes even a step further by allowing customers […]

Experian helps give consumers a score boost

What to be wary of Experian and FICO have implemented new metrics for calculating consumer credit scores. The idea is to help consumers raise their score and increase their ability to take out loans on a more conventional means. One of the new platforms Experian is rolling out is called “Experian Boost”. Boost allows consumers […]

Debt collectors in Memphis settle with FTC concerning multiple federal law violations

A collection agency in Memphis Tennessee Regional Adjustment Bureau is set to pay $ 1.5 million in civil penalties to the Federal Trade Commission for violations of the Fair Debt Collection Practices Act.  According to the report from the Federal Trade Commission:  In its complaint against Regional Adjustment Bureau, the FTC charges that the Memphis-based […]

Equifax to pay up to $700 million in data breach settlement

In 2017, nearly 150 million consumers had their personal information stolen when intruders hacked into Equifax’s system. Consumer’s personal data such as social security numbers, passport information, account numbers and credit card numbers were stolen. According to AP News Equifax claims they “were unaware” of the vulnerability in their system. However; after the glitch was […]