Account Recovery
NOVEMBER 10, 2022
The New York Department of Financial Services yesterday announced proposed amendments to its cybersecurity regulation, including increasing the size threshold for companies that are exempt from following much of the regulation, while also requiring more risk and vulnerability assessments and investing in training and cybersecurity awareness programs, among other changes.
Nerd Wallet
NOVEMBER 10, 2022
GameFi is a blend of the words “gaming” and “finance,” referring to video games that are developed using blockchain technology. Aside from being a catch-all term for blockchain gaming, GameFi is a movement that is rapidly growing in popularity. The crypto research firm DappRadar reported over 800,000 daily unique active wallets across the GameFi market.
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Account Recovery
NOVEMBER 10, 2022
The Court of Appeals for the Third Circuit has upheld a summary judgment ruling in favor of defendants that were sued for violating the Fair Credit Reporting Act because they allegedly reported false and inaccurate information and did not conduct a reasonable investigation of the plaintiff’s dispute. A copy of the ruling in the case … The post Third Circuit Upholds Ruling for Defense in FCRA Reasonable Investigation Case appeared first on AccountsRecovery.net.
Nerd Wallet
NOVEMBER 10, 2022
FTX, a major cryptocurrency exchange, is on the brink of collapse this week amid liquidity concerns and allegations of misused funds, followed by a large volume of withdrawals from rattled investors. The value of FTX’s native token, FTT, plummeted, taking other coins with it, including Ethereum and Bitcoin, which reached a two-year low as of. Dalia Ramirez writes for NerdWallet.
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
NOVEMBER 10, 2022
A bipartisan bill has been introduced in the House of Representatives that would allow the Consumer Financial Protection Bureau to use money it receives from fines assessed in enforcement orders to fund financial education programs in schools, libraries, and non-profit organizations nationwide. If enacted, the CFPB would be allowed to use up to $15 million … The post Bill Introduced in House to Allow Use of CFPB’s Fines to Fund Consumer Education Programs appeared first on AccountsRe
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
NOVEMBER 10, 2022
The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Donna Meyers of
Nerd Wallet
NOVEMBER 10, 2022
MSRP is an acronym that stands for manufacturer’s suggested retail price. It’s how much a carmaker recommends a dealer should sell a new car for. However, that’s all it is: a recommendation. Dealers can choose to sell a vehicle for either below or above MSRP. If you’re looking to buy a new car, you’ll find. Benjamin Din writes for NerdWallet. Email: bdin@nerdwallet.com.
Account Recovery
NOVEMBER 10, 2022
GETTING TO KNOW DONNA MEYERS OF FINANCIAL MANAGEMENT SOLUTIONS Thirty years at the same company and Donna Meyers still never gets bored. Perhaps it has something to do with her appreciation of collectors and their resilience and adaptability, or perhaps it has something to do with her childhood goal of working with people who don’t … The post Daily Digest – November 10.
Nerd Wallet
NOVEMBER 10, 2022
Hurricane Nicole hit the east coast of Florida early Thursday morning. The tropical cyclone comes just six weeks after Hurricane Ian devastated the state, leaving Florida residents — and insurers — little time to recover before the onslaught of a second natural disaster. Nicole, a Category 1 hurricane, brought 75 mph winds, storm surge and. Taryn Phaneuf writes for NerdWallet.
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UK debt collections
NOVEMBER 10, 2022
Last years Brighton Marathon winner employs debt collectors in an extraordinary step to collect his winnings. Alix Ramsier won the Brighton marathon last year and has employed Debt Collectors to recover his winnings. The company that acts as organisers of the Brighton Marathon is called Grounded events. Mr Ramiser from South Croydon is owed £2,000 for winning the Brighton 2022 marathon.
Nerd Wallet
NOVEMBER 10, 2022
One of the most exciting benefits of The Platinum Card® from American Express is Centurion Lounge access. These lounges can provide a respite from the chaos of airports. The buffet of food curated by local chefs can be a far stronger motivation to get to the airport early than Transportation Security Administration recommendations. The open. Sally French writes for NerdWallet.
Payment Savvy
NOVEMBER 10, 2022
When it comes to the financial world, there are a lot of terminologies that someone who isn’t a part of it might have difficulties with understanding. That’s because, while financial institutions are a big part of our lives, we usually don’t look deeper than confirming whether the payment was made or received or not – and there’s nothing wrong with that. .
Nerd Wallet
NOVEMBER 10, 2022
If you’re trying to decide which hotel loyalty program is right for you, one that offers flexible redemption options might be a valuable feature for your travel needs. Whether you’re unable to book a stay or you simply want the power to choose how you redeem points, Radisson’s two loyalty programs — Radisson Rewards and. Jennifer Calonia writes for NerdWallet.
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?
Collection Industry News
NOVEMBER 10, 2022
The image is taken from The Economic Times. The chief executives of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major U.S. banks were grilled by both Democratic and Republican lawmakers on Wednesday on the economy, consumer protections, mortgages, and their ties with Russia. In testimony before the House of Representatives Financial Services Committee, the CEOs touted their financial strength, role in distributing billions of dollars in COVID-19 pandemic-related aid and efforts b
Nerd Wallet
NOVEMBER 10, 2022
The world’s biggest online shopping holiday is one that many Americans have never heard of. It’s called Singles Day, and it’s a Chinese shopping holiday that’s grown from a day of flash sales to a multiday online shopping bonanza in November. Does another seasonal shopping event come to mind? Both Singles Day and Black Friday. Cara Smith writes for NerdWallet.
Nerd Wallet
NOVEMBER 10, 2022
This holiday shopping season is shaping up to be longer, pricier and in some ways more chaotic than in previous years, which makes it easy to overspend. But there are also opportunities for significant savings if you know where and how to search for them. “There are supply chain issues, inflation, major retailers reducing inventory. Kimberly Palmer writes for NerdWallet.
Nerd Wallet
NOVEMBER 10, 2022
Get your wallet ready — it’s that time again with the holidays right around the corner. An estimated 91% of Americans will celebrate in some form this holiday season, a November 2022 report from the National Retail Federation shows. And for most people, celebration means spending. According to a September 2022 study by the Deloitte. Craig Joseph writes for NerdWallet.
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Nerd Wallet
NOVEMBER 10, 2022
Ever booked a flight with an airline, only to show up at the airport and find out it’s operated by someone else? Say you’ve gone through the American Airlines website to book a flight to London, but on the day of departure your plane has a giant British Airways logo splashed across the side. What. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.
Nerd Wallet
NOVEMBER 10, 2022
Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.
Nerd Wallet
NOVEMBER 10, 2022
Maybe the only thing more impressive than the 6% rewards tier offered by the U.S. Bank Shopper Cash Rewards™ Visa Signature® Card - NerdWallet Exclusive is the lengthy list of major retailers where that rate could apply. Among the two-dozen possibilities, you’ll find Amazon, Best Buy, Lowe’s, Ikea, Target, Walmart and more. But despite its. Jae Bratton writes for NerdWallet.
Nerd Wallet
NOVEMBER 10, 2022
Long gone are the days of airlines simply selling “economy” tickets. American Airlines is one of many airlines that sells seats in its economy cabin through a variety of ticket types — from basic economy to Main Cabin Extra and now even Main Plus. What was previously referred to as “economy” is now dubbed American. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.
Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC
Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.
Nerd Wallet
NOVEMBER 10, 2022
Cardano (ADA) and Solana (SOL) are two of the most popular blockchain networks in the cryptocurrency market. Cardano’s native cryptocurrency is ADA tokens, while Solana’s native cryptocurrency is SOL tokens. Both are marketed as cheaper and faster than Ethereum, the second-largest cryptocurrency by market cap behind Bitcoin. Similar to Ethereum, both Cardano and Solana validate.
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