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Home Daily Digest

Daily Digest – July 23. Crypto Firm Hires Kraninger; House Passes Bill to Help FTC Levy Fines

mikegibb by mikegibb
July 23, 2021
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CRYPTO FIRM HIRES FORMER CFPB DIRECTOR KRANINGER TO BE LOBBYIST

  • Almost six months to the day that she resigned as Director of the Consumer Financial Protection Bureau, Kathy Kraninger has landed a new job — she is the new top regulatory official for Solidus Labs, a cryptocurrrency startup founded by former employees of Goldman Sachs.

HOUSE PASSES BILL TO GIVE FTC BACK ITS FINANCIAL POWER

  • The House of Representatives this week passed a bill that aims to restore the Federal Trade Commission’s ability to seek monetary redress in court, after a Supreme Court ruling determined that Congress did not intend to give the regulator that power.

PRODIGAL RAISES $12M IN SERIES A FUNDING

  • More proof that there is plenty of interest from investors in the accounts receivable management industry came yesterday, in the form of a $12 million Series A funding announcement from Prodigal, a technology company that provides an automation platform for debt buyers, debt collectors, and creditors rights law firms.

I TYPE, THEREFORE I AM

  • What do people think of engaging with chatbots when visiting a company’s website? For the most part, people do not like to be duped into thinking they are interacting with a real person, but when the chatbot makes a mistake or is unable to resolve a problem, people were actually relieved to find out they were not speaking with a real person, according to a study that was published recently in the Journal of Service Management.

WORTH NOTING: What is the same, and what is different, at these Olympic games … Can you guess in which sport a 66-year-old grandmother is still able to compete? … House prices across the country have risen nearly 25% in the past year … The case for scheduling every minute of your day … More perks that companies are offering to find new workers … Used car prices might finally be coming back down to Earth … The best time travel movies of all time … What you need to know about “buy now, pay later” loans.

All the financial advice you will ever need

In honor of Season 2, which is dropping today

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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