On April 4, 2024, the Kentucky Consumer Data Protection Act was signed into law by Governor Beshear. Kentucky is the fifteenth state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, Montana, Texas, Oregon, Delaware, New Jersey, and New Hampshire. The Act will go into effect […]
On March 6, Governor Sununu signed into law Senate Bill 255, making New Hampshire the fourteenth state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, Montana, Texas, Oregon, Delaware, and New Jersey. The law will go into effect January 1, 2025.
Applicability
The Act applies to persons […]
The Certification Council is proposing edits to the Receivables Management Certification Program (RMCP). The Council is required to perform a review of certification program standards at least annually to ensure the program reflects “evolving industry best practices, input from key stakeholders and communities of interest, areas of Council concern, and recent regulatory and statutory changes.”
The […]
On January 16, 2024, Governor Murphy signed into law Senate Bill 332, making New Jersey the thirteenth state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, Montana, Texas, Oregon, and Delaware. The law will go into effect January 16, 2025.
Applicability
The Act applies to controllers that […]
The New York City Department of Consumer and Worker Protection (DCWP) is proposing amendments to their Debt Collection Rule. If these amendments are adopted, they would dramatically impact any business collecting debts from New York City residents. Some businesses may even decide to switch to a litigation model or forgo collections in the city […]
The annual business meeting of the Receivables Management Association International will be held at RMAI’s Annual Conference on Tuesday, February 6, 2024 at 3:35 PM at the Aria Resort & Casino in Las Vegas, Nevada. Please join the business meeting to hear reports from the Executive Director and Board President. The
On October 27, 2023, the Federal Trade Commission (FTC) announced approval of an amendment to the Gramm-Leach-Bliley Act Safeguards Rule. The amendment requires nonbank financial institutions to report to the FTC the unauthorized acquisition of unencrypted customer information involving at least […]
Are you looking to make an impact in the receivables management industry? Now is the time to run for the RMAI Board of Directors.
RMAI is seeking qualified candidates who wish to run for a two-year term on the Board of Directors. In 2024, there will be two (2) open Director seats on the […]
Awards Will Be Presented at the 2024 Annual Conference
Nominate an Industry Leader for the Bud Reitzel Award
Considered one of the industry’s founding fathers and a mentor to so many in the industry, Bud Reitzel brought integrity, innovative thinking, and passion to the industry he helped create. The values Bud instilled at Asset Acceptance […]
RMAI today announced that Executive Director, Jan Stieger, who has served in the role since January 2011, plans to retire in March 2024. “Under Jan’s transformational and inspirational leadership, RMAI has become a respected leading voice for the receivables management industry and its members tirelessly promoting the important role the industry plays in the credit […]