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.
ACA INTERNATIONAL PART OF GROUP THAT PETITIONS FCC FOR NEW AUTODIALER DEFINITION
- ACA International, along with 17 other trade groups, yesterday submitted a petition to the Federal Communications Commission, seeking a declaratory ruling on what an automatic telephone dialing system (ATDS) actually is. The petition is a follow up to a ruling in a lawsuit filed by ACA International against the FCC that was issued in March by the Court of Appeals for the District of Columbia.
EDUCATION DEPT. ANNOUNCES TERMINATION OF CONTRACT WITH PRIVATE COLLECTION AGENCIES
- The Department of Education (ED) yesterday filed a notice that it plans to cancel the contract it awarded to Performant Financial Corp. and Windham Professionals to collect on unpaid student loans. While the news was not altogether a surprise, it does add a new chapter into a process that has been ongoing for more nearly a decade as the department seeks help in collecting on unpaid student loans that are guaranteed by the federal government.
PHH DOES NOT FILE APPEAL WITH SUPREME COURT, ENDING LANDMARK CASE AGAINST CFPB
- The case that thrust the director of the Bureau of Consumer Financial Protection into the spotlight as one of the most powerful individuals in the federal government appears to be over. PHH Mortgage did not appeal a ruling from the Court of Appeals for the District of Columbia to the Supreme Court, meaning the Appeals Court’s January decision that the leadership structure of the agency is constitutional will stand.
VIRGINIA SUES ONLINE LENDER FOR VIOLATING STATE CONSUMER PROTECTION LAW
- The state of Virginia has filed a lawsuit against Net Credit, alleging the online lender made more than 47,000 loans totaling more than $47 million, which are illegal and violate the state’s usury law. The lender violated the state’s 12% interest rate cap and made loans with rates as high as 149%, according to the complaint.
PREMIERE CREDIT OF NORTH AMERICA IS EXPANDING ITS RELATIONSHIP WITH DIVINITY SOFTWARE GROUP
- The relationship between Divinity Software Group (DSG) and Premiere Credit of North America (PCNA) began in 2016 when PCNA partnered with DSG to launch the Propensio Electronic Document Delivery Module (E-docs) and the Agent Module to streamline and automate processes for PCNA.
WORTH NOTING: This is either taking a high school rivalry to a disgusting level or it’s just disgusting … The Kentucky Derby is tomorrow. It’s that time of the year where we’re supposed to care about horse racing again … Meet a gambler who won a billion dollars by building a algorithm to bet on horse races … Happy “Star Wars” Day. Here are five leadership lessons from the Jedi … Apps to help you earn money when traveling for business … Typosquatting is a legitimate form of identity theft that caught 12 million users during the first quarter of this year … The 26 most popular beers in the United States … The passwords of 336 million Twitter users weren’t stored properly and now the service is saying people should change them … The United States is not one of the cheapest 50 countries to retire in … A sexual assault scandal means no Nobel Prize for Literature this year.
Combining two of my favorite things: “Star Wars” and “Arrested Development”
Love these two guys together
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.
