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The Court of Appeals for the Eleventh Circuit has upheld a lower court’s dismissal of a Fair Debt Collection Practices Act case, agreeing with the lower court that the plaintiff failed to state a claim because he did not connect the dots to show that the defendant was a debt collector as defined by the […]
A federal judge in the United States District Court for the Eastern District of Missouri recently dismissed a claim alleging multiple violations of the TCPA’s do-not-call regulations upon finding that plaintiffs had failed to sufficiently plead the traceability element of standing. Thompson v. Vintage Stock, Inc., No. 4:23-cv-00042-SRC, 2024 WL 492052 (E.D.
Suit Accuses Collector of Sending Texts After Plaintiff Filed for BK Protection Appeals Court Affirms Dismissal of FDCPA Case Oklahoma Legislature Advances Medical Debt Collection Bill McHenry Reintroduces Bill to Create Innovation Offices Inside Banking Regulatory Agencies CAS Facilitates Seamless Sale of CCMR3 Healthcare Assets WORTH NOTING: Six essentials to make sure you have in […]
In this special joint episode of Payments Pros and The Crypto Exchange, Ethan Ostroff, James Kim, and Carlin McCrory discuss the Consumer Financial Protection Bureau’s (CFPB) proposed rule to supervise large tech companies and other providers of digital wallets and payment apps. The proposed rule asserts that digital assets are “funds” subject to the Dodd-Frank Act and other federal consumer financial laws and regulations, which would expand the CFPB’s supervisory powers to examine companies fac
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Philadelphia, PA – February 22, 2024 – Corporate Advisory Solutions (“CAS”) is pleased to announce the successful completion of the acquisition of “Project Heat,” a group of healthcare assets from New York-based CCMR3 by Professional Credit, a Tonka Bay partner company. CAS acted as the exclusive sell-side M&A advisor to CCMR3 in this transaction.
U.S. government net interest outlays as share of GDP The U.S. government’s debt is on track to rise to $54 trillion over the next decade, according to the Congressional Budget Office. The big picture: Raw numbers don’t tell you much about whether a given level of debt is burdensome or not. The rubber-meets-road test of sustainability is how much of the nation’s resources go to service that debt every year — and the news is gloomy.
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U.S. government net interest outlays as share of GDP The U.S. government’s debt is on track to rise to $54 trillion over the next decade, according to the Congressional Budget Office. The big picture: Raw numbers don’t tell you much about whether a given level of debt is burdensome or not. The rubber-meets-road test of sustainability is how much of the nation’s resources go to service that debt every year — and the news is gloomy.
A bill has been introduced in the House of Representatives by the chairman of the House Financial Services Committee that would require federal banking regulators to each establish Financial Services Innovation Offices within their agencies. This is the second time that Rep. Patrick McHenry [R-N.C.] has attempted this particular piece of legislation.
NACM's Professional Certification Program gives credit professionals an opportunity to gain expertise and prosper in the credit field. Each certification provides the tools for credit professionals need to refresh their skills and learn new ways to complete day-to-day responsibilities. With six levels of certification, credit professionals can.
A medical debt collection bill has advanced out of committee in the Oklahoma legislature and will now head to the full state house for its consideration. The bill would require healthcare providers or third-party debt collectors to include an itemized list of the charges when filing a collection lawsuit, among other requirements.
Hiring more employees for a growing business can be exciting. However, adding additional employees can change the palette of employment regulations applicable to your company. In the intricate landscape of federal employment laws, understanding which regulations apply to your company is not always straightforward. This quick reference guide will lay out a general summary of the most popular federal workplace regulations and specify how many employees must be employed at a company to trigger appl
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?
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