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Home Daily Digest

Daily Digest – July 22. Judge Grants MTD in FDCPA Class Action Over ‘Dubious and Illogical’ Claims; RCM Provider Raises $20M, Releases AI-Powered Agents

mikegibb by mikegibb
July 22, 2024
in Daily Digest
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Judge Grants MTD in FDCPA Class Action Over ‘Dubious and Illogical’ Claims

  • A District Court judge in Pennsylvania has “resoundingly” granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class action lawsuit, ruling that the “dubious and illogical legal” theories proposed by the plaintiff.
  • More details here

Green Dot Fined $44M For Compliance Deficiencies

  • The Federal Reserve Board on Friday issued an enforcement action against Green Dot Bank and its holding company, Green Dot Corporation, citing significant compliance deficiencies. This action aims to address and rectify various consumer compliance and anti-money laundering (AML) issues identified in recent examinations. Under the terms of the action, Green Dot will pay $44 million.
  • More details here

RCM Provider Raises $20M, Releases AI-Powered Agents

  • Thoughtful AI, an AI-powered revenue cycle automation company, has announced the launch of the world’s first fully human-capable AI Agents for healthcare revenue cycle management. The company also revealed it has raised $20 million Series A funding round led by Nick Solaro of Drive Capital, with participation from TriplePoint Capital.
  • More details here

Compliance Digest – July 22

  • New court rulings are issued every day — and you need to stay on top of them to make sure you are following whatever judges are saying. Get the context and perspective you need in the Compliance Digest, where legal experts share insights into new court rulings and other compliance developments.
  • More details here
  • This series is sponsored by Bedard Law Group

Sponsored: Data Points You Need to Start Tracking to Increase Payments

  • The collections landscape has changed during the recent economic downturn. With labor getting expensive and digital channels becoming mainstream, being data-driven isn’t just advantageous – it’s essential. It’s no secret that maintaining robust data hygiene has always been on our agenda, though it often took a backseat to other priorities.
  • More details here.
  • This content was provided by Prodigal

WORTH NOTING: Design tricks to transform your home, according to a feng shui expert … Eating habits that actually improve your sleep … Is the Great Resignation 2.0 on the horizon? A lot of employees appear to be planning to quit their jobs … People may be judging you if your text messages don’t have emojis … Your brain wants you to be curious, not anxious … Athletes to look out for at the Olympics … What parents who raised successful adults did when their kids were young … The cat is out of the bag — Hello Kitty is not a cat.

Music Monday, part I

Music Monday, part II

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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