Daily Digest – November 10. Getting to Know Donna Meyers of Financial Management Solutions; NY DFS Proposes New Cybersecurity Regs

GETTING TO KNOW DONNA MEYERS OF FINANCIAL MANAGEMENT SOLUTIONS

  • Thirty years at the same company and Donna Meyers still never gets bored. Perhaps it has something to do with her appreciation of collectors and their resilience and adaptability, or perhaps it has something to do with her childhood goal of working with people who don’t fit the “cookie cutter mold.” Read on to learn more about Donna, why she is too busy to read, and her conversational comfort.
  • More details here.
  • This series is sponsored by Applied Innovation.

NY DFS PROPOSES NEW CYBERSECURITY REGS

  • The New York Department of Financial Services yesterday announced proposed amendments to its cybersecurity regulation, including increasing the size threshold for companies that are exempt from following much of the regulation, while also requiring more risk and vulnerability assessments and investing in training and cybersecurity awareness programs, among other changes.
  • More details here.

THIRD CIRCUIT UPHOLDS RULING FOR DEFENSE IN FCRA REASONABLE INVESTIGATION CASE

  • The Court of Appeals for the Third Circuit has upheld a summary judgment ruling in favor of defendants that were sued for violating the Fair Credit Reporting Act because they allegedly reported false and inaccurate information and did not conduct a reasonable investigation of the plaintiff’s dispute.
  • More details here.

BILL INTRODUCED IN HOSE TO ALLOW USE OF CFPB’S FINES TO FUND CONSUMER EDUCATION PROGRAMS

  • A bipartisan bill has been introduced in the House of Representatives that would allow the Consumer Financial Protection Bureau to use money it receives from fines assessed in enforcement orders to fund financial education programs in schools, libraries, and non-profit organizations nationwide. If enacted, the CFPB would be allowed to use up to $15 million per year to fund such programs.
  • More details here.

NATIONAL CREDITORS BAR ASSOCIATION SWEARS IN NEW BOARD

  • The National Creditors Bar Association (NCBA) held its annual Fall Conference in Tampa, FL October 26-28th with more than 800 attendees. Steve Markoff of Markoff Law LLC, Chicago, IL, continues his term as President of NCBA and swore in new officers to its Board of Directors including President-Elect Barbara Nilsen of Blitt & Gaines, P.C., Vernon Hills, IL, who will become President next October, 2023
  • More details here.

WORTH NOTING: I’m not sure why it took this long, but we finally have female crash test dummies … Here is the least stressful job that pays at least $100,000 a year … Meditation can work as well as medication at reducing anxiety … Straight from the mouth of someone who is celebrating her 101st birthday — tequila is the secret to a happy life … Changes are coming to Wordle … Meet a crypto billionaire who lost $15 billion in one day … The “dog whisperer” weighs in on whether certain dog breeds are smarter than others … Breaking down the USMNT roster, which was announced yesterday.

Top 10 Thursday, part I

Top 10 Thursday, part II

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Daily Digest – November 21. Just Grants MTD in Case Over Fees, Charges in Letter; Judge Rebuffs CFPB Funding Argument in Denying MTD

JUDGE GRANTS MTD IN FDCPA CASE OVER FEES, CHARGES LINE ITEM IN LETTER Ahh, remember …

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