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‘Organized Retail Crime’ Is Growing (And Not Just Because Of The Pandemic)

PYMNTS

In California, state and local police last month broke up a ring that allegedly used fake coupons to get merchandise for free or reduced prices, then brazenly resold the items at a Sacramento storefront. KPIX-TV reported that the shop proudly advertised on Facebook Marketplace that customers “never pay retail.”.

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CFPB Releases Debt Collection Industry Study

CFPB Monitor

On July 28, the CFPB held a field hearing about debt collection in Sacramento, California coinciding with the release of an outline of the proposals it is considering in connection with its debt collection rulemaking. Together with its release of the outline, the CFPB issued a report , “Study of Third-Party Debt Collection Operations.”

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Alcohol Sizzles, Apple Pay Fizzles And Bikes Are Blowing Up

PYMNTS

It also operated dockless pedal-assist bikes in Washington, D.C. and Sacramento. Reports further indicate that Uber is not JUMP’s only potential suitor, and “ that other parties ” have been increasing their offers over the past week in a bid to secure ownership. Our mission at JUMP Bikes is to build the bike you want.

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