Daily Digest – May 13. Panel Assesses Impact of Inflation and Recession on ARM Industry; Appeals Court Overturns Dismissal of Collection Suit

PANEL ASSESSES IMPACT OF INFLATION AND RECESSION ON ARM INDUSTRY

  • There’s beauty in finding connections that you didn’t know existed. There is the chaos theory analogy, for example, of a butterfly flapping its wings in Central Park, which is why it starts raining across the world in China. You never know the domino effect that one change can have as it cascades and ripples through everyone’s world. Those connections and cascades were the common thread that tied much of what the panelists on this week’s Talk-Off had to share.

APPEALS COURT OVERTURNS DISMISSAL OF COLLECTION SUIT, AND DISMISSAL OF COLLECTOR AS NAMED DEFENDANT

MASS. DIVISION OF BANKS FINES COLLECTOR $25K FOR ROLE IN PAY-TO-PLAY SCANDAL

  • A collection agency’s involvement in a federal pay-to-play scandal has cost it an additional $25,000 after entering into a consent order with the Massachusetts Division of Banks.

BILL PAY FINTECH RAISES $12M TO EXPAND OPERATION

  • A company that bills itself as a negotiating service between consumers and banks and credit card companies has raised $12 million in Series A funding to fix the problem of paying bills, a process that the company says is “fundamentally broken” in the United States.

WORTH NOTING: The new CFO of Moderna got paid a year’s salary for one day of work … What the black hole at the heart of the Milky Way looks like … A suburb of Chicago has enacted a law governing how loud and how much dogs can bark … Is that a 6 or a 9? The answer is causing problems for Mega Millions … Shows that have been renewed or canceled for next season … A Las Vegas casino gave each of its 5,000 employees $5,000 bonuses … The best books for your summer reading list … Can’t wait for this sequel.

Marble racing is back

Funny Friday

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Daily Digest – June 21. Complaint Accuses Collector of Texting Mother About Daughter’s Debt; Mediation Program Dropping Caseload in One Texas Court

COMPLAINT ACCUSES COLLECTOR OF TEXTING MOTHER ABOUT DAUGHTER’S DEBT A collection agency is being sued …

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