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Daily Digest – May 1. Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA Class Action; RCM Company Discloses Data Breach Impacting 500k Consumers
Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA Class Action RCM Company Discloses Data Breach Impacting 500k Consumers More Complex Pricing Leads Consumers to Pay More, CFPB Report Concludes 23 Companies Seeking Collection Talent Uown Leasing Taps Skit.ai’s Multichannel Conversational AI Solution To Scale Collection Operations WORTH NOTING: A list of the most endangered historic places…
More Complex Pricing Leads Consumers to Pay More, CFPB Report Concludes
The more complicated the pricing structure of a product or service, the more likely that a consumer will pay more, according to a report published yesterday by the Consumer Financial Protection Bureau. The report is another arrow in its attack on junk fees, saying that where consumers have to evaluate prices that are broken into sub-parts instead of one total…
RCM Company Discloses Data Breach Impacting 500k Consumers
A Michigan-based revenue cycle management company that also collects bad debt has disclosed a data breach that compromised the personal information of nearly 500,000 individuals -- the second such disclosed incident in the accounts receivable management industry in as many days. What Happened: Designed Receivable Solutions detected suspicious activity on its network back in January. Upon discovering the activity, the…
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Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA Class Action
A District Court judge in New Jersey has granted a defendant's motion…
Getting to Know
Daily Digest – May 1. Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA Class Action; RCM Company Discloses Data Breach Impacting 500k Consumers
Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA…
More Complex Pricing Leads Consumers to Pay More, CFPB Report Concludes
The more complicated the pricing structure of a product or service, the…
RCM Company Discloses Data Breach Impacting 500k Consumers
A Michigan-based revenue cycle management company that also collects bad debt has…
Settling Debt Not Enough for Plaintiff to Have Standing, Judge Dismisses FDCPA Class Action
A District Court judge in New Jersey has granted a defendant's motion…
23 Companies Seeking Collection Talent
During this, The Great Resignation Era, I thought it would be helpful…
Uown Leasing Taps Skit.ai’s Multichannel Conversational AI Solution To Scale Collection Operations
The Florida-based payment plan provider has chosen Skit.ai’s Conversational AI solution to…
David Williams Breaks Down Acquisition of RGS Financial
Having kicked the tires at about a dozen different companies during the past few years in considering acquisition targets, David Williams of Williams & Fudge knew he needed to find the right company to help grow his operation. And, as it turns out, the right target was one he had known for more than a decade. Last month, Williams & Fudge announced it was acquiring RGS Financial. David Williams, the president of Williams & Fudge, sat down with AccountsRecovery.net to discuss the acquisition, why diversification away from student loans was important for the company, and the importance of really getting to know the people involved on the other side of the table when making an acquisition. Watch the video to see everything David had to say.
