September, 2021

Remove contact mobile
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You May Be Responsible for Your Customer Double Debiting Checks

FFGN COLLECT NY

Today, most financial institutions offer a mobile deposit option that lets people deposit checks through an app on their phones. When the check casher puts the check into their account and presents the check image to the check makers’ bank for payment, the check won’t clear because it was already paid in the first mobile deposit.

Banks 59
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TrueAccord Launches Retain, a Digital-First Solution for Early-Stage Collections

True Accord

Subsidiaries include TrueAccord, which offers machine learning-based, digital- and mobile-first servicing for debt in collections and recoveries, and True Life Solutions, which offers a SaaS platform that consumers can use to contact collectors and creditors digitally.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Much of the information now collected by health-focused mobile applications includes everything from glucose levels, heart health, and sleep cycles. Government Accountability Office (GAO) released the results of a study on COVID-19 exposure notification applications, also known as contact tracing. For more information, click here.