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.
JUDGE DENIES CERTIFICATION IN TCPA SUIT
- Citigroup has successfully prevented a class of potential plaintiffs from being certified in a lawsuit filed against the bank for allegedly violating the Telephone Consumer Protection Act by contacting individuals using an automatic telephone dialing system without their expressed consent.
SUPREME COURT TO HEAR ARGUMENTS ABOUT CLASS ACTIONS IN CASE THAT STARTED AS COLLECTIONS SUIT
- What started as a run-of-the-mill collection lawsuit has grown to be a case about the future of class action lawsuits that will be argued before the Supreme Court. The Supreme Court agreed yesterday to hear arguments in Home Depot USA v. Jackson, in which the do-it-yourself retail giant is seeking to have a class-action lawsuit that was filed against removed to federal court.
FTC MAILING OUT $505 MILLION IN CHECKS TO VICTIMS OF TUCKER’S PAYDAY LENDING SCAM
- The Federal Trade Commission and the Justice Department announced yesterday that they are mailing more than 1 million checks, representing a total of more than $505 million to individuals who were victims of Scott Tucker’s payday lending scam. The $505 million is the largest redress amount in the history of the FTC.
BCFP HOLDS FIRST MEETING WITH NEW CONSUMER ADVISORY BOARD
- The Bureau of Consumer Financial Protection held its first meeting yesterday with the new members of its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. It was the first time that a joint meeting with all three groups was held, according to the BCFP.
STEVE TOWLE JOINS REVSPRING AS PRESIDENT AND CHIEF OPERATING OFFICER
- RevSpring is pleased to announce that Steve Towle has joined RevSpring as President and Chief Operating Officer. Steve brings extensive experience in operating and managing large scale print and digital operations and will be instrumental in supporting the integration efforts between RevSpring and Apex Revenue Technologies, as well as streamlining RevSpring’s combined operations and continuing to improve quality for RevSpring customers.
WORTH NOTING: Yesterday’s Supreme Court hearing is something that will be talked about for a long time … Intentionally hitting a batter and getting ejected cost CC Sabathia a $500,000 bonus … A man died in a freak accident at a drive-thru … The former CEO of McDonald’s says eating at the chain every day will help him live forever … A report that says only 96 public servants were granted forgiveness on their student loans, out of 28,000 who asked for it … How to calculate the true monetary value of your time … Mortgage interest rates are at a seven-year high … How to avoid time dealing with customer service … A woman who has spent a year living in a church to avoid being deported … The 15 most dangerous places to live.
How smart contracts will work
Funny Friday
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.
