Daily Digest - December 30, 2024

🎉 🎂 Happy Birthday wishes: Corrie Anderson-Christian of BARR Credit Services and Dennis Guetterman of Absolute Resolutions. Happy belated birthday to Peter Wang of Aktos, Daniel Yakimenko of EXL, and Krista LaMonica of PRA Group. 🥳🎈

STILL TIME TO REGISTER!

As you start your holiday shopping, consider buying the best present you can get yourself and sign up to attend ARMTech. I guarantee you will walk out of the event not only with great ideas, but also a ton of new contacts. There are so many innovators and disruptors who don’t show up to other industry conferences because ARMTech is the industry’s only event exclusively dedicated to talking technology — and that is where all the innovation and disruption is happening. Don’t miss out. Sign up today!

Don’t forget to check out what’s on the AccountsRecovery streaming channel. It’s a great way to catch webinars you may have missed!

2024 Email Benchmarks + Deliverability Audit

Discover benchmarks, strategies, and actionable insights to recover payments faster and enhance compliance. Brought to you by Prodigal

Judge Awards Plaintiff 25% of Requested Attorney’s Fees in Settled FDCPA Case

• A District Court judge in Minnesota has awarded 25% of the attorney’s fees sought by the plaintiff in a Fair Debt Collection Practices Act case, ruling the plaintiff’s request unreasonable for a number of reasons. The judge awarded $11,566.63 in fees, significantly less than the $46,163.50 requested by the plaintiff’s attorneys.

• More details here.

A MESSAGE FROM TCN

TODAY’S WEBINAR

HHS Issues Proposed Cybersecurity Rule to Amend HIPAA

• With more than 167 million individuals affected by healthcare data breaches in 2023 alone, the Department of Health and Human Services (HHS) is taking action to address increasing cyberattacks on healthcare systems. On Friday, it announced a proposed rule aimed at enhancing the HIPAA Security Rule, compelling healthcare entities to bolster protections for electronic protected health information (ePHI).

• More details here.

New Laws Proposed, Passed, and Ready to Go Into Effect

• As the calendar gets set to turn to a new year, a number of new laws are scheduled to take effect. Here is a summary of what collection operations need to be prepared for starting as soon as January 1.

• More details here. 

New ARMSights poll, sponsored by Belvista

Compliance Digest – December 30

• Neither rain nor sleet nor midweek holidays can keep six experts -- Joann Needleman, Rick Perr, Stefanie Jackman, Chuck Dodge, Mike Frost, and Brendan Little -- from weighing on the legal and compliance news of the day. The news never takes a holiday and neither do these excellent experts!

• More details here.

• This series is sponsored by Bedard Law Group

WORTH NOTING: A look back on 2024 via photos of memorable moments ... Did the worst play in NFL history happen yesterday? ... Whales live a lot longer than we initially thought they did ... Reactions and tributes following the death of President Jimmy Carter yesterday ... A look ahead at what gas prices and the housing market have in store in 2025 ... Just how much of your life you lose every time you light up a cigarette ... The author of a novel about debt shares his thoughts ... Why you shouldn't give gift cards as presents.

Music Monday, part I

Music Monday, Part II