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What Financial Institutions Should Know about a Tax Levy on a Customers Bank Account

Jimerson Firm

Financial institutions are often required to make tough decisions when they receive the daunting Form 668–A, “Notice of Levy” from the IRS concerning a delinquent taxpayer’s bank account. Brooking , 3:18-CV-496-J-34PDB, 2020 WL 954984, at *5 (M.D. Financial Institutions Tax Levy Obligations and Liability Exposure.

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US Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Fri, 06/03/2022 - 12:48. Thu, 06/16/2022 - 15:00. However, unlike during the Great Recession, government stimulus and payment deferral programs kept delinquency at bay when unemployment reached its peak in 2020. compared back to March 2020 when the COVID pandemic first began. higher than March 2020.

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Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

Fico Collections

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem. The National Average FICO® Score Has Leveled off during the Second Year of the Pandemic.

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The Role of Data in Managing Fraud and Financial Crime Today

Fico Collections

Thu, 06/23/2022 - 12:40. In case you missed it, FICO World 2022 was a very welcome return to in-person learning and networking for the global fraud detection and financial crime-fighting community. To illustrate where financial institutions are at on this journey, Julie shared some findings from recent Aite-Novarica research.