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Daily Digest – October 17. Judge Warns Defense Over Omissions in Denying Motion to Dismiss FDCPA Case; FTC To Publish Complaint Data More Frequently

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.   JUDGE WARNS …

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Expanding the Conversation About Ending Balance Billing

How to do away with those nasty surprise medical bills that a patient receives when he or she is discharged from the hospital — a sticker shock known as balance billing — continues to dominate the healthcare news cycle, as more solutions are offered. Balance billing occurs when a hospital …

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Fed Report Details Payment Fraud Increases

The amount of payment fraud for general transactions and credit card payments increased by 36% between 2012 and 2015, according to data released yesterday by the Federal Reserve Board. The largest increase was in card-related fraud, which accounted for 78% of all instances, compared with 14% for ACH and 9% …

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Daily Digest – October 16. BCFP Working on Rule to Define ‘Abusive’ Practices; Rep. Luetkemeyer Calls For Investigation After Operation Choke Point Reveal

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.   BCFP WORKING …

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BCFP To Issue Rule Defining ‘Abusive’ Practice

Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, announced yesterday that the agency is working on a rule to codify what has been considered one of the most amorphous, yet harmful, words in the BCFP’s lexicon: abusive. While there have long been laws that banned practices …

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2018 DCM Services Insights Client Conference Recap

The Backstory In 2011, DCM Services (DCMS) hosted its first client conference event in Las Vegas that took place in conjunction with the Collections and Recovery Solutions (CRS) conference. Through attendee feedback, we discovered we were providing meaningful value for our clients in a way that none of our competitors …

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FLOCK Raises Additional Capital To Expand Portfolio Financing

ATLANTA, GA – FLOCK Specialty Finance (“FLOCK”) announced today that it has closed on a new senior debt facility with MidCap Financial Services, LLC.  FLOCK is an Atlanta-based, alternative funding provider of capital and expertise for the purchase of both charged-off debt portfolios as well as for the financing of …

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Daily Digest – October 15. Plaintiff Files Class-Action FDCPA Suit Over Communications From Law Firm; Insurance Company Does Not Have to Defend Customer’s TCPA Suit

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.   PLAINTIFF FILES …

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