Account Recovery

JULY 22, 2024

Judge Grants MTD in FDCPA Class Action Over ‘Dubious and Illogical’ Claims Green Dot Fined $44M For Compliance Deficiencies RCM Provider Raises $20M, Releases AI-Powered Agents Compliance Digest – July 22 Sponsored: Data Points You Need to Start Tracking to Increase Payments WORTH NOTING: Design tricks to transform your home, according to a feng shui […]

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UK debt collections

JULY 22, 2024

A Freedom of Information request has revealed £1.997 million of Maldon district council-related debt was sent to external debt collection agencies in the 2023/24 financial year. These debts include failures to pay Council Tax, Business Rates, parking fines and housing arrears. This is the highest amount of debt sent in the last three years, with debt sent totalling £1.39 million in 2022/23 and £1.93 million in 2021/22.

Collection Agencies 81

Collection Agencies Collections Agency Collections Debt collector 81

Account Recovery

JULY 22, 2024

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 The Background: Back in 2023, the plaintiff was sued for an unpaid debt.

Fair Debt Collection 130

Fair Debt Collection Collections 130

Hudson Weir

JULY 22, 2024

Understanding what constitutes a transaction at an undervalue, as well as the associated implications, is crucial for businesses facing financial challenges and their directors. Transactions at an undervalue can be a significant issue during insolvency proceedings – so, what is a transaction at undervalue? A company might sell an asset for a nominal fee, or it could transfer an asset to another party without receiving any payment.

Creditors 52

Creditors 52

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

JULY 22, 2024

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.

Banks 130

Banks 130

Account Recovery

JULY 22, 2024

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.

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Healthcare 130