BANKRUPT PARENT OF LEXINGTON LAW PLANS ASSET SALES
- The parent company of Lexington Law, which filed for bankruptcy protection earlier this week, is planning to auction off its assets and has laid off more than 75% of its employees, according to published reports.
- More details here.
CFPB ISSUES WARNING OVER USE OF AI CHATBOTS
- The Consumer Financial Protection Bureau yesterday painted a target on artificial intelligence, issuing an advisory about banks and companies in the financial services industry using the technology in chatbots, saying it can lead to violations of consumer finance laws and harm consumers by providing inaccurate information and diminished customer service.
- More details here.
JUDGE REMANDS HUNSTEIN CASE BACK TO STATE COURT
- A District Court judge in Florida has remanded a Fair Debt Collection Practices Act case back to state court where it was originally filed, ruling the plaintiff lacks standing to sue, while also denying the plaintiff’s request for attorney’s fees and costs because the defendant removed the case to federal court.
- More details here.
22 COMPANIES SEEKING COLLECTION TALENT
- Do you fantasize about telling your boss to shove it? Curious if there is something else out there for you? Check out this week’s job listings post and see who is hiring for a Senior Dialer Analyst, a Director of Financial Planning & Analysis, a Regulatory Compliance Manager, and a Call Trend Monitor.
- More details here.
WORTH NOTHING: Why you shouldn’t be looking for “the one” if you are on the dating scene … How a lifeguard shortage is going to impact your summer plans … Five ways you can put a stop to workplace bullying … If you are going to Yellowstone National Park, please keep your hands to yourself … Productivity is dropping everywhere … Coke has a new flavor aimed at gamers … Salesforce has an interesting idea to try and get people to come back to the office … You are probably brushing your teeth wrong.
The simplest math problem nobody can solve
Cooking the perfect steak
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