The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
CFPB FILES BRIEF IN ADVANCE OF EN BANC APPEAL IN PHH CASE
- The Consumer Financial Protection Bureau has filed its brief in advance of the En Banc Appeal hearing set for May 24 in the U.S. Court of Appeals for the District of Columbia in the case of PHH Corp. v. CFPB. The CFPB pulls no punches in its brief, and sets the tone from its opening statement: This case began as a challenge to a kickback scheme orchestrated by a mortgage lender, Respondent PHH, but it morphed into a constitutional attack on the government’s primary enforcer of consumer financial laws.
IRS ANNOUNCES IT WILL BEGIN PLACING ACCOUNTS WITH PRIVATE COLLECTION AGENCIES THIS WEEK
- The Internal Revenue Service announced yesterday that it will begin referring some delinquent income tax accounts to the four private collection agencies that it has selected to try and recovery the unpaid funds. The IRS will begin sending letters to individuals notifying them that their accounts have been placed with a collection agency.
CORDRAY TO TESTIFY BEFORE HOUSE COMMITTEE THIS MORNING
- Richard Cordray, the director of the Consumer Financial Protection Bureau, will testify before the House Financial Services Committee this morning, delivering the agency’s semi-annual report to Congress. He is expected to address, in some form, the agency’s debt collection efforts.
HOW HEALTHCARE FACILITIES SHOULD BE USING DATA TO IMPROVE RCM
- A Q&A that aims to help hospitals better understand how to use data to improve Revenue Cycle Management. Analytics can help making sure that healthcare facilities can align patients’ clinical and financial experiences. Data can also help facilities keep an eye on “payment velocity,” which identifies how fast patients are paying their bills. Increases in the amount of time can be an indicator of a process problem.
WORTH NOTING: A man is suing Dunkin Donuts because he asked for a bagel with butter and got a bagel … with margarine … There 10 verbal skills of the most likable people … Six gadgets that show office technology is finally getting interesting … Panera Bread is being bought for $7.5 billion by the owner of Keurig and Krispy Kreme … I’m not a fan of the NBA, but you have to be impressed with the play of Russell Westbrook … Jamie Dimon, the CEO of JPMorgan Chase, has a warning for the U.S. … Payless Shoesource is filing for bankruptcy and will close 400 stores … Teens love Axe body spray … Nine gadgets that you can buy this year that will save you money … Amazon will live stream NFL games next season.
How to escape a carjacking
The difference between the top 1% and the bottom 99% in every state
If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.
The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
