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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.   INDUSTRY REACTS …

Yesterday, as was widely reported and widely expected, the Senate confirmed Kathy Kraninger to be the next director of the Bureau of Consumer Financial Protection. Kraninger takes over from Mick Mulvaney, who had been acting director following the resignation of former director Richard Cordray. Kraninger’s term atop the BCFP is …

The cost of health insurance continues to outpace any increase in wages employees might be receiving, which means healthcare is eating up even more of the income people are bringing home every week, concludes another depressing study. This study, conducted by the Commonwealth Fund, revealed that when adding the cost …

A pair of law professors — and members of the American Bar Association — are calling out the ABA for endorsing the Practice of Law Technical Clarification Act of 2018, which would exempt lawyers “engaged in litigation activities” from complying with the Fair Debt Collection Practices Act, saying that the bill …

It is undeniable that the Bureau of Consumer Financial Protection has taken fewer enforcement actions in the year following the resignation of former director Richard Cordray, who was nominated to the post by former President Barack Obama, than it did while Cordray was in office, and a law professor from …

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.   GETTING TO …

A published report says that Senate Majority Leader Mitch McConnell [R-Ky.], is planning on putting the nomination of Kathy Kraninger before the full Senate today to confirm her as the next director of the Bureau of Consumer Financial Protection. It is expected that Kraninger’s nomination will pass the Senate and …

In yet another case involving a plaintiff accusing a collection agency of violating the Fair Debt Collection Practices Act by not clearly identifying the name of the creditor in a collection letter, a federal judge in the Western District of Washington has granted a motion for summary judgment in favor …

Being labeled as controversial is likely never a good thing, especially when you’re a collection agency. But a local news publication in Rhode Island has used that adjective to describe Transworld Systems, which just entered into a contract with the Cranston (R.I.) School Department to help collect unpaid school lunch …

Like most people in the collection industry, Bob Duenkel did not grow up wanting to be a collector. But thanks to a friendly referral, he has made it his home for the past 35 years. Duenkel, who is usually in the office while most people are still sleeping soundly in …

PHOENIX, Dec. 6, 2018 /PRNewswire/ — BillingTree®, the payment problem solvers™, today released the findings of its third annual Healthcare Operations and Technology Survey, designed to identify payment challenges and technology adoption in the industry year on year. The report found that while the most common payment methods accepted continue to be …

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.   ENCORE REACHES …

A District Court judge in Illinois has granted a motion for reconsideration and dismissed a lawsuit alleging that Yahoo! violated the Telephone Consumer Protection Act by using an automatic telephone dialing system to send text messages to an individual, thanks to the ruling in ACA International v. FCC. When he …

Healthcare providers and revenue cycle management companies should be trying to emulate how Disney World treats its guests if they are to more effectively manage the new financial dynamic, according to a published report. Disney just wants its guests to have a good time and does everything it can to …

Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, gets the deep-dive treatment from the Washington Post today, which delves into how the agency has changed in the year that Mulvaney has been in charge. And what the Post concludes is that Mulvaney “and his political aides …