Troutman Sanders

AUGUST 16, 2021

Monitoring, logging, and reporting activities to identify and track unauthorized access. Verifying the identity of users and customers and detecting fraudulent activities, such as synthetic identities and instances of impersonation. Periodically evaluating the effectiveness of user and customer authentication controls.

Financial Institution 52

Financial Institution Banks Education Government 52

Troutman Sanders

FEBRUARY 22, 2021

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities. On February 16, the U.S.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Fico Collections

JANUARY 25, 2021

I will define it here for financial services and regulated companies as the business strategy and processes by which an organization establishes who a customer is and ensures that activity on their accounts is carried out by them.

Financial Institution 98

Financial Institution Banks Financial services 98

American Profit Recovery

DECEMBER 4, 2020

When you log into our online portal, APRweb, your dashboard will give you a full snapshot of collection activity, payments, and progress on your accounts. Monitor your progress. Your customer service representative can also help you in this area and review the progress with you.

Collection Agencies 164

Collection Agencies Collections Agency Collections Credit Bureau 164

Sawin & Shea

JUNE 25, 2020

Your bankruptcy activates something known as an “automatic stay” that stops creditor collection efforts. Keep all letters and envelopes, record details of phone calls in logs, and save all evidence of the creditor contacting you, including emails, texts, phone calls, voicemails, and so forth. Finally, you can have some peace!

Creditors 119

Creditors Bankruptcy Fair Debt Collection Debtor 119

Collection Industry News

JUNE 10, 2023

Verify the debt: Before initiating any collection activities, ensure that the debt is valid and accurate. This includes written correspondence, phone call logs, and any agreements or settlements reached. Educate your employees about their obligations under the law.

Debt collector 40

Debt collector Debtor Fair Debt Collection Education 40

True Accord

JUNE 6, 2023

The expanded scope of financial institutions that are subject to the Safeguards Rule is significant.

Financial Institution 71

Financial Institution Credit Unions Credit Unions Accounts Receivables Management 71

Credit Corp

AUGUST 31, 2020

It shows active and past accounts, whether you paid on time and how much credit you’ve used compared to open balances. Checking your credit report regularly helps you see whether odd activity is occurring, which can indicate that you’re a victim of identity theft or fraud. You can see if there are issues with your report.

Auto Insurance 116

Auto Insurance Lender Loans 116

Troutman Sanders

OCTOBER 9, 2023

State Activities: On October 7, California Attorney General Rob Bonta issued a statement after Governor Gavin Newsom signed Senate Bill 478 into law. The new deadline is November 6 for SERs to submit their written feedback. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Third-party Debt Collectors 52

Troutman Sanders

OCTOBER 24, 2023

Debt collection agencies must maintain most of these records for a period of three years after the “date of the debt collection agency’s last activity on the debt.” Required policies must be maintained for six years “after the date the record was created.”

Collections 52

Collections Debt collector Collection Agencies Collections Agency 52

Fico Collections

JANUARY 24, 2022

For every outbound customer contact, the physical outcome should be evaluated; failures should be logged and should trigger a respective rectification process. Manual research activities are typically much more costly and might include a review of previous customer correspondence and origination files.

Retrieval 52

Retrieval Collections Acquisition 52

Troutman Sanders

SEPTEMBER 14, 2020

To help you keep abreast of relevant activities, below is a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities. For more information, click here.

Financial services 52

Financial services Collections Trade Lender 52

SimplicityCollectionSoftware

FEBRUARY 6, 2017

Enabling the Enterprise Portal – In order to enable the Enterprise Debtor Portal log into your Simplicity application and navigate to Settings > Administrators > Company/CC Settings. The best part about this Enterprise Payment interface is every action including login and logout activity is noted in your Simplicity account.

Debtor 52

Debtor Collections 52

Collection Industry News

MARCH 23, 2021

Two cases remain in active litigation. million times; Provided consumer debt collection educational materials – In 2020, “Ask CFPB,” an interactive online consumer education tool logged 1.9 In 2020, the CFPB engaged in four public enforcement actions, arising from alleged FDCPA violations. The CFPB resolved two of these cases.

Fair Debt Collection 40

Fair Debt Collection Education Student loans Student Loans 40

Troutman Sanders

OCTOBER 19, 2021

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Credit Corp

NOVEMBER 8, 2023

Activate and use a credit card : Once approved, you’ll receive your credit card in the mail. Activate it according to the instructions provided. Here’s how the redemption process typically works: Access the rewards portal: Log in to your credit card account and navigate to the rewards or miles section.

Creditworthiness 99

Creditworthiness Retail Banks 99

Troutman Sanders

MARCH 2, 2022

Failing to cancel active repossession orders when a consumer files for bankruptcy. Failure to cancel a repossession order (or all orders, if the account is placed with more than one repossession vendor). Vendor failures (recovering the vehicle, even though the order had been put on hold or canceled).

Repossession 52

Repossession Retrieval Bankruptcy Loans 52

Credit Corp

MAY 12, 2021

How Our Daily Activities Are Digitized and Prone to Data Breaches. Every digital activity leaves a footprint and a possible access point for criminals. It’s more important than ever to be vigilant about protecting your identity online since more people are working from home and logging into public Wi-Fi than ever before.

Garnishment 104

Garnishment Creditors Banks 104

Troutman Sanders

DECEMBER 16, 2021

To send messages through Textedly, subscribers like Concentra upload lists of telephone numbers to Textedly’s platform, draft a message, schedule the transmission, and then activate the transmission. According to the call logs, Pascal’s number was texted in sequential identification number order.

Judgment 52

Judgment 52

Taurus Collect

MARCH 5, 2024

Document All Communications: Keeping a detailed log of conversations, correspondence, and agreements with collectors can be a vital reference in disputes or negotiations. Increased Operational Costs: Dealing with debt collection can consume a considerable amount of time and resources, diverting attention from core business activities.

Debt collector 52

Debt collector Asset liquidation Debtor Education 52

Credit Corp

DECEMBER 3, 2020

You can prevent this by keeping an active eye on your credit reports. Often, this means you’ll be sent a text message with a one-time code so you can log in. This helps ensure that if someone has cracked your password, they can’t log in without access to your cellphone and the TFA code sent to it. ” question.

Retrieval 116

Retrieval Banks Credit Unions Credit Unions 116

Fico Collections

AUGUST 24, 2020

Mobile banking and payments activity has surged globally since March 2020, driven by factors including temporary bank branch closures and a rise in contactless payments. In deciding when to make funds available, banks must take into considering all of the customer’s different types of transactions and activity: . I’m not alone.

Banks 52

Banks Retail 52

Taurus Collect

NOVEMBER 15, 2023

Once you’ve filed a dispute, the debt collector must stop all collection activities until the dispute is resolved. It’s essential to keep a log of these calls, including the time, frequency, and content of the conversations. The debt collector must cease all collection activities until the dispute is resolved.

Debt collector 52

Debt collector Fair Debt Collection Collection Agencies Collections Agency 52

Credit Corp

JUNE 14, 2023

The credit bureaus log the activity, recording the date and the name of the company or entity that accesses it. This reports how much of your available revolving credit limit you’re actively using. What Are Hard Inquiries? Hard inquiries—or hard credit checks—occur whenever a lender or bank accesses your credit account.

Lender 69

Lender Creditors Loans Banks 69

PDC Flow

DECEMBER 1, 2022

A dip in activity after strong numbers could mean your messaging in a certain channel may need a change. We also have our portal activity. How many people go to our payment portal but then actually don't even attempt to log in?” What channels are they from? We're looking at total visitors. Two different things.

Collections 86

Collections Financial services Debt collector 86

TAMSEY

DECEMBER 23, 2021

You can log in to your Tamsey Account, fill in the details, and you are on the go. Tamsey is a part of this activity that makes people’s life easier. The application is also easy to set up, offering of 24 hours support. International money transfer is quite common since globalization has touched each facet of our life.

Banks 40

Banks 40

Debt Guru

FEBRUARY 22, 2022

If you share expenses and accounts with someone else, it can be easy to overspend if you’re not tracking each other’s financial activity. When more than one person is writing checks without communicating and logging those expenses diligently, it’s easy to overdraw from your account. Synch with your significant other.

Banks 52

Banks Debt Management 52

Troutman Sanders

AUGUST 16, 2021

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities.

Financial services 52

Financial services Foreclosure Student loans Student Loans 52

UK debt collections

APRIL 14, 2022

Working knowledge of your industry – To maximise results, it is highly recommended that the DCA you employ already has active working knowledge of your business sector. Any Professional DCA will have a fluent progress reporting service, either by regular reports and/or an online portal for you to log in and monitor progress.

Collection Agencies 64

Collection Agencies Collections Agency Collections Debt Recovery 64

Troutman Sanders

JANUARY 31, 2022

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities.

Financial services 52

Financial services Trade Government Banks 52

On Guard

MARCH 2, 2021

As soon as a complaint is registered, either from being entered manually or fed into the system directly, the invoices related to that complaint are frozen for collection activity. All customer replies to emails concerning complaints will automatically be logged in CreditManager.

Collections 52

Collections Credit Management 52

Collection Industry News

AUGUST 11, 2020

The LEP Rule does not apply to litigation activities that can only be performed by a licensed attorney, such as filing a lawsuit or requesting an income execution. These are aggregate numbers, the report form does not call for an account-by-account or consumer-by-consumer log. Annual reporting requirement.

Debt collector 40

Debt collector Creditors Collection Agencies Collections Agency 40

Troutman Sanders

NOVEMBER 24, 2020

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest COVID-19 driven events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Privacy and Cybersecurity Activities.

Financial services 52

Financial services Foreclosure Banks Loans 52

SimplicityCollectionSoftware

FEBRUARY 6, 2017

Enabling the Enterprise Portal – In order to enable the Enterprise Debtor Portal log into your Simplicity application and navigate to Settings > Administrators > Company/CC Settings. The best part about this Enterprise Payment interface is every action including login and logout activity is noted in your Simplicity account.

Debtor 40

Debtor Collections 40

Troutman Sanders

MARCH 28, 2023

Further, the SEC alleged that Sun and his companies engaged in fraudulent “wash trading,” which involves the simultaneous purchase and sale of a particular tradable asset to increase the asset’s perceived trading volume although this type of transaction activity often does not result in change in beneficial ownership of the assets.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Troutman Sanders

JULY 27, 2023

The Bureau last did this in 2016 by announcing in Supervisory Highlights that auto finance companies should prohibit repossession agents from charging personal property storage and retrieval fees, and the Bureau followed that announcement with both supervisory activity and a consent order in 2020 on the same subject.

Collections 52

Collections Lender Repossession Debt collector 52

Click Notices

MARCH 30, 2020

By doing so, you won’t have to physically receive a check from residents or spend a single moment at the bank – activities that may be difficult or impossible to do at the moment. Residents can pay their rent by simply logging online and entering their payment information. Move Events and Gatherings to a Virtual Space .

Government 52

Government Banks 52