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 WARNS DEFENSE OVER OMISSIONS IN DENYING MOTION TO DISMISS FDCPA CASE
- A federal judge in Florida has denied a defendant’s motion to dismiss a class-action lawsuit alleging the company violated the Fair Debt Collection Practices Act and the Florida Consumer Collections Act by charging a convenience fee when making monthly withdrawals from the plaintiff’s bank account.
FTC TO PUBLISH COMPLAINT DATA MORE FREQUENTLY, LAUNCHES DATA VISUALIZATION TOOL
- The Federal Trade Commission has announced it will publish the consumer complaints it receives on a quarterly basis going forward, increasing the frequency from the annual publication it had been making. In making the data more available, the FTC has also unveiled a new data visualization tool that offers dashboards and access to the annual reports that the FTC has released in the past.
FED REPORT DETAILS PAYMENT FRAUD INCREASES
- The amount of payment fraud for general transactions and credit card payments increased by 36% between 2012 and 2015, according to data released yesterday by the Federal Reserve Board. The largest increase was in card-related fraud, which accounted for 78% of all instances, compared with 14% for ACH and 9% for checks.
EXPANDING THE CONVERSATION ABOUT BALANCE BILLING
- How to do away with those nasty surprise medical bills that a patient receives when he or she is discharged from the hospital — a sticker shock known as balance billing — continues to dominate the healthcare news cycle, as more solutions are offered.
MORE AMERICANS CUTTING BACK ON SPENDING, AND INCREASED DEBT IS A BIG REASON WHY
- More Americans are cutting back on their spending and having too much debt is one of the primary reasons for the decrease, according to the results of a survey conducted by Bankrate.com. Two-thirds of those who were surveyed said they are limiting their spending, according to the survey, and years of financial education about the importance of saving for a rainy day may finally be sinking in.
WORTH NOTING: The term of the interim president of USA Gymnastics lasted all of four days … Testing the world’s fastest toaster oven … How to tell if someone is manipulating you … How to prepare your team for any situation … Why now is an especially good time to ask for a raise … The average US salary — how do you compare? … What happened when a company got rid of job titles … Disney doesn’t want more casinos in Florida … Cannabis became legal in Canada today … Manny Machado isn’t getting much love from the Milwaukee Brewers.
The secrets of measuring tape
How to beat a lie detector
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.
