Daily Digest – August 4. Artificial Intelligence Week is Coming; Calif. Appeals Court Rules on FDCPA, TCPA Case

ARTIFICIAL INTELLIGENCE WEEK IS COMING

  • It might be one of the biggest mis-conceptions in the accounts receivable management industry today. Ask 10 different professionals to define either artificial intelligence or machine learning and you will likely get 10 different definitions with very little in common between them. But this technology is starting to revolutionize the debt collection industry. Surely we all need to get on the same page. And quick. Enter AccountsRecovery.net’s Artificial Intelligence Week.

CALIF. APPEALS COURT RULES ON FDCPA, TCPA CASE INVOKING ANTI-SLAPP DEFENSE

  • The California State Court of Appeals has partially overturned a lower court’s denial of a lawsuit claiming a collection law firm violated the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act in which the defendant attempted to use an anti-SLAPP motion to have the case dismissed.

THE WORKERS HARDEST HIT BY THE COVID-19 PANDEMIC

  • As might be expected, customer service representatives, a category of workers that include collection agents, were among the hardest hit during the early days of the pandemic, according to research that was published by the Federal Reserve Bank of St. Louis. The research looked at the annual earnings of those who had jobs that were most affected by the COVID-19 pandemic.

COMMENT PERIOD ON TIME-BARRED DEBT DISCLOSURE RULE CLOSES TODAY

  • Today is the deadline for individuals to file comments on the Consumer Financial Protection Bureau’s Supplemental Notice of Proposed Rulemaking (SNPRM) on time-barred debt disclosures, and unless a lot of people are waiting until the last minute, it is not going to take long to read all the comments that have been submitted so far.

WORTH NOTING: A lot of people think the country is managing the response to coronavirus worse than other countries and want the government to be more aggressive … Is the guy who printed a check for $140,000 and bought a Porsche with it or the dealership that actually accepted the check to blame in this situation? … For all of you who are curious about how much money Melissa Etheridge is making … For a lot of people, summer is on backorder … What you can do about your rising electricity bill … What to do if you can’t pay your rent … How each NFL team is planning on handling fans … The best Chromebooks for every budget … Why the recession is hurting women more than men.

Why you should act like a kid

What people are saying about returning to work

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com

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