Compliance News

Tthe Federal Trade Commission approved a final order settling charges against an Iowa-based auto dealer software provider that allegedly failed to take reasonable steps to secure consumers’ data, leading to…
Ohio-based Golden Eagle Insurance has launched a new product to help credit unions, banks and auto lenders take care of their customers in case of an unexpected life event. The…
LexisNexis Risk Solutions announced the launch of LexisNexis Recall Clarity, to assist auto manufacturers in the owner identification process for safety-related recalls. According to the NHTSA, over 1,000 recalls were…
The Michigan Department of State has suspended the business license of a Flint vehicle dealer for noncompliance with the law. FYI Auto LLC, owned by Ira Chapman and Finis Harwell,…
Another hurricane, another warning about flood cars. The National Insurance Crime Bureau (NICB) is warning consumers that vehicles flooded by Tropical Storm Barry may soon be appearing for sale around…
The Consumer Financial Protection Bureau issued an updated advisory to financial institutions urging them to report to the appropriate local, state and federal authorities whenever they suspect that an older…
The Consumer Financial Protection Bureau (Bureau) released a report that found more than one-in-four consumers with a credit report have at least one debt in collection by third-party debt collectors.…
There's one constant in all motor vehicle transactions - paperwork. The documents progress from the ones on the vehicle, like the Monroney sticker and the Buyers Guide, to DMV documents,…
Consumers don’t want their cars sharing their data. According to a survey of 1,403 current car shoppers on Autolist, 83 percent of current car shoppers believe that automakers and tech…
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