‘KINGPINS’ BARRED FROM INDUSTRY, TO PAY $60M IN FINES
- The Consumer Financial Protection Bureau and the Attorney General of New York have reached a settlement with two individuals referred to as collection “kingpins” and a network of companies, with fines totaling $60 million and permanent bans from ever operating in the collection industry again.
N.Y. GOVERNOR SIGNS PAIR OF DATA BREACH BILLS INTO LAW
- The governor of New York yesterday signed into law two bills that aim to do more to protect consumers in the event their information is compromised in a data breach and applies to any company that possesses the information of a New York resident, regardless of whether the company conducts business in New York or not.
ANOTHER SPIKE IN FORM COMMENTS FILED BY CONSUMERS AS INDUSTRY COMMENTS START TRICKLING IN
- There has been another spike in the number of comments filed by consumers over the proposed debt collection rule, but now collectors who are using a template from ACA International are submitting their own comments as well.
MORE COMPANIES ANNOUNCE PATIENTS VICTIMIZED IN AMCA DATA BREACH
- A number of new healthcare companies have come forward and announced the information of their patients was compromised in a data breach at American Medical Collection Agency.
FDCPA, TCPA SUIT TOTALS CONTINUE SLIDING: WEBRECON
- Companies in the credit and collection industry continued to saw a lot fewer lawsuits filed against them in June, according to data released yesterday by WebRecon.
NORTHWOOD ASSET MANAGEMENT GROUP ANNOUNCES JASON COLLINS AS DIRECTOR OF OPERATIONS
- Northwood Asset Management Group (NAMG), a nationally licensed third-party debt collection company delivering professional and reliable debt recovery solutions, today announced that Jason Collins has been named as Director of Operations.
WORTH NOTING: How talking to a stranger can make you feel happier … Steve Wilkerson became the first ever non-pitcher to earn a save last night … Safe deposit boxes aren’t as safe as you think … Have you ever noticed that a lot of carriers claim to have the best network? Here’s why … Why so many employees tend to quit within the first six months of a new job … The best places to retire in each state … For anyone who cares how much presidential candidates are spending on Uber and Lyft rides … More men want paternity leave.
How to ask for help
Funny Friday
The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
‘KINGPINS’ BARRED FROM INDUSTRY, TO PAY $60M IN FINES
- The Consumer Financial Protection Bureau and the Attorney General of New York have reached a settlement with two individuals referred to as collection “kingpins” and a network of companies, with fines totaling $60 million and permanent bans from ever operating in the collection industry again.
N.Y. GOVERNOR SIGNS PAIR OF DATA BREACH BILLS INTO LAW
- The governor of New York yesterday signed into law two bills that aim to do more to protect consumers in the event their information is compromised in a data breach and applies to any company that possesses the information of a New York resident, regardless of whether the company conducts business in New York or not.
ANOTHER SPIKE IN FORM COMMENTS FILED BY CONSUMERS AS INDUSTRY COMMENTS START TRICKLING IN
- There has been another spike in the number of comments filed by consumers over the proposed debt collection rule, but now collectors who are using a template from ACA International are submitting their own comments as well.
MORE COMPANIES ANNOUNCE PATIENTS VICTIMIZED IN AMCA DATA BREACH
- A number of new healthcare companies have come forward and announced the information of their patients was compromised in a data breach at American Medical Collection Agency.
FDCPA, TCPA SUIT TOTALS CONTINUE SLIDING: WEBRECON
- Companies in the credit and collection industry continued to saw a lot fewer lawsuits filed against them in June, according to data released yesterday by WebRecon.
NORTHWOOD ASSET MANAGEMENT GROUP ANNOUNCES JASON COLLINS AS DIRECTOR OF OPERATIONS
- Northwood Asset Management Group (NAMG), a nationally licensed third-party debt collection company delivering professional and reliable debt recovery solutions, today announced that Jason Collins has been named as Director of Operations.
WORTH NOTING: How talking to a stranger can make you feel happier … Steve Wilkerson became the first ever non-pitcher to earn a save last night … Safe deposit boxes aren’t as safe as you think … Have you ever noticed that a lot of carriers claim to have the best network? Here’s why … Why so many employees tend to quit within the first six months of a new job … The best places to retire in each state … For anyone who cares how much presidential candidates are spending on Uber and Lyft rides … More men want paternity leave.
How to ask for help
Funny Friday
The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
