Account Recovery

MARCH 15, 2023

It definitely seems like more of an “inside baseball” type of ruling, but the Court of Appeals for the Sixth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act case — in which three separate appeals were filed — leaving the same case pending before two different judges in the same district … The post Appeals Court Overturns Dismissal of FDCPA Class-Action, Leaves Same Case Before Two Different Judges first appeared on AccountsRecovery.net.

Fair Debt Collection 130

Fair Debt Collection Collections 130

Consumer Finance

MARCH 15, 2023

Today, the Consumer Financial Protection Bureau (CFPB) released a bulletin warning servicers of their obligation to halt unlawful conduct with respect to private student loans that have been discharged by bankruptcy courts.

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Student loans Student Loans Loans Bankruptcy 120

Account Recovery

MARCH 15, 2023

For years, the Court of Appeals for the Eleventh Circuit has been an outlier among its brethren, holding that an individual who received a single — unwanted — text message lacked standing to sue under the Telephone Consumer Protection Act because he did not suffer a concrete injury. That ruling is now going under the … The post Eleventh Circuit Grants En Banc Rehearing to Determine if Salcedo Should be Overturned first appeared on AccountsRecovery.net.

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Nerd Wallet

MARCH 15, 2023

Steven Porrello writes for NerdWallet. Email: wpguestuser+sporrello@nerdwallet.com. The article 10K Laid Off and Weak Results — Why Is Meta Stock Up 54% YTD? originally appeared on NerdWallet.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

MARCH 15, 2023

In a development that was first pointed out by the team at Troutman Pepper, the Governor of Wyoming has signed a bill into law that requires debt buyers to be licensed as collection agencies starting later this year. A copy of the bill — House Bill 284 — can be accessed by clicking here. The … The post Wyoming Enacts Law Defining Debt Buyers, Will be Required to Obtain Licenses first appeared on AccountsRecovery.net.

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Collection Agencies Collections Agency Collections Debt Buying 130

Account Recovery

MARCH 15, 2023

APPEALS COURT OVERTURNS DISMISSAL OF FDCPA CLASS-ACTION, LEAVES SAME CASE BEFORE TWO DIFFERENT JUDGES It definitely seems like more of an “inside baseball” type of ruling, but the Court of Appeals for the Sixth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act case — in which three separate appeals were filed … The post Daily Digest – March 15.

Fair Debt Collection 130

Fair Debt Collection Collections 130

Nerd Wallet

MARCH 15, 2023

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Should Remote Workers Take Hush Trips? Experts Weigh In originally appeared on NerdWallet.

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Account Recovery

MARCH 15, 2023

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

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Accounts Receivables Management Collections 130

Nerd Wallet

MARCH 15, 2023

Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article Summer Travel Is Likely to Remain Hot This Year, so Book Early originally appeared on NerdWallet.

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Troutman Sanders

MARCH 15, 2023

On March 10, the California Department of Financial Protection and Innovation closed Silicon Valley Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as its receiver. Silicon Valley Bank had 17 branches in California and Massachusetts. The FDIC transferred all deposits and assets of the former bank to a newly created, full-service FDIC-operated bridge bank in an action designed to protect depositors.

Banks 52

Banks Credit Unions Credit Unions Collateral 52

Nerd Wallet

MARCH 15, 2023

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article Transfer on Death/TOD Deed: What It Is and When to Use It originally appeared on NerdWallet.

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TCPA

MARCH 15, 2023

In Weitz v. Genting New World LLC, No. 1:22-cv-23209-BLOOM, 2023 WL 2328365, at *1 (S.D. Fla. Mar.

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Nerd Wallet

MARCH 15, 2023

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Chase Freedom Flex 5% Bonus Categories for Q2 2023: Amazon, Lowe’s originally appeared on NerdWallet.

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Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Collection Industry News

MARCH 15, 2023

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner tha

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Banks Collections 40

Nerd Wallet

MARCH 15, 2023

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Americans Prefer to Know Hotel Costs Upfront — Fees and All originally appeared on NerdWallet.

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NACM

MARCH 15, 2023

I'm still in the process of finishing module 8 of FCIB's International & Credit Risk Management (ICRM) course. As I mentioned in my last post, this module covers letters of credit, guarantees and bonds. I just answered one of the discussion post questions, "Your customer in Ethiopia has just placed a large order and has offered payment through.

Credit Management 5

Credit Management 5

Fico Collections

MARCH 15, 2023

Home Blog FICO Top 5 2023 Trends Redefining Banking Today FICO’s 2023 Trends Report reveals what’s impacting the financial services industry Saxon Shirley Wed, 05/25/2022 - 03:43 by Darryl Knopp expand_less Back To Top Wed, 03/15/2023 - 18:00 We are currently at an apex where several profound transformations are converging on the banking landscape – machine intelligence is positioned to complement (and even exceed) human intelligence, there are significant advancements in analytics and AI, and t

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Banks Financial Institution Credit Unions Credit Unions 52

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