Account Recovery

MAY 12, 2022

A District Court judge in New York has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class action case, determining that the plaintiff lacked standing to sue because he did not suffer a concrete injury after alleging the defendant violated the statute by sending a collection letter to the … The post Judge Grants Defendant’s MSJ in FDCPA Class Action Over Creditor ID in Letter appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 12, 2022

What is a budget planner? A successful budget planner helps you decide how to best spend your money while avoiding or reducing debt. NerdWallet recommends the 50/30/20 budget, which suggests that 50% of your income goes toward needs, 30% toward wants and 20% toward savings and debt repayment. Create a budget plan that works for you The best. Lauren Schwahn writes for NerdWallet.

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Account Recovery

MAY 12, 2022

The Consumer Financial Protection Bureau yesterday announced the completion of an enforcement order against a pair of payment processing companies that worked with debt relief organizations — as well as the owners of the companies — ordering the defendants to pay $11 million in restitution to consumers and fines. The companies — RAM Payment and … The post CFPB Assesses $11M in Fines to Payment-Processing Companies and Their Owners for Role in Debt Relief Scam appeared fir

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Nerd Wallet

MAY 12, 2022

In the increasingly crowded market of cash-back credit cards, two popular cards stand out from the pack. The Chase Freedom Unlimited® and the Citi® Double Cash Card – 18 month BT offer both offer solid cash-back earnings, and neither card charges an annual fee. Chase Freedom Unlimited®: 1.5% back on purchases, with extra cash back. Gregory Karp writes for 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

MAY 12, 2022

The number of people carrying unpaid medical debts has declined markedly during the COVID-19 pandemic, according to new research that has been released, but the report did raise concerns that those numbers could boomerang and start climbing again now that the people are returning to pre-pandemic life. Just under 17% of nonelderly adults had medical … The post Medical Debt Dropped Significantly During Pandemic: Urban Institute Report appeared first on AccountsRecovery.net.

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Healthcare 244

Account Recovery

MAY 12, 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 Todd Santa Maria

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Accounts Receivables Management 243

Nerd Wallet

MAY 12, 2022

Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. Unfortunately, these adjustments have come with increased risks. According to a 2022 report from Barracuda, a cloud and networks security company, small businesses with fewer than 100 employees receive.

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Account Recovery

MAY 12, 2022

GETTING TO KNOW TODD SANTA MARIA OF VOAPPS DIRECTDROP VOICEMAIL Aside from his questionable taste in whom he admires, everything about Todd Santa Maria shows you how much he cares for the accounts receivable management industry, and those who work in it. It sounds trite when someone is called a “nice” guy — like you … The post Daily Digest – May 12.

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Accounts Receivables Management 182

Nerd Wallet

MAY 12, 2022

Knowing what you need to file — and when — will help you avoid costly IRS penalties and interest. Here are some of the major business deadlines to circle on the calendar. Business tax deadlines for federal tax returns Sole proprietorships: Schedule C and personal tax return (IRS Form 1040) due April 17, 2023. Partnerships: Tina Orem writes for NerdWallet.

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Collections

Better Credit Blog

MAY 12, 2022

In my recent experience, it’s not hard to remove judgments from your credit report as long as you follow the proper steps. Many readers assume it’s impossible to have the credit bureaus remove civil judgments because they involve the court system. In reality, the National Consumer Assistance Plan (NCAP) has made it more difficult for the credit bureaus to include civil judgments in your credit history.

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Nerd Wallet

MAY 12, 2022

The JetBlue Card is a bit of a hidden gem. While it offers a fairly small welcome bonus and doesn’t have a laundry list of flashy perks, the JetBlue Card does have a nice selection of solid benefits that would make it an attractive choice for many people. Here’s an overview of who could benefit. Kendra Collins writes for NerdWallet. Email: travel@nerdwallet.com.

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Fico Collections

MAY 12, 2022

Meet Digital Jane, She’s Your Customer and She Has High Expectations. FICO. Thu, 05/12/2022 - 22:39. Meet Jane. Jane is 28-year-old woman sharing an apartment in the big city with friends. She uses her mobile phone to conduct a lot of her day-to-day life, including connecting with friends, making purchases, checking her bank account, and even buying a new car.

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Nerd Wallet

MAY 12, 2022

When you book a flight, you always hope that you’re locking in the cheapest price. But what happens if you book a flight and the price drops? If you need to change your flight with United Airlines — including because you’ve found a cheaper price for the same flight — depending on the fare class, Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com.

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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

Troutman Sanders

MAY 12, 2022

On May 11, the Senate voted 51-50 to confirm Alvaro Bedoya as a member of the Federal Trade Commission (FTC), requiring Vice President Kamala Harris to cast the tie-breaking vote. Bedoya gives Democrats a 3-2 majority at the consumer protection agency. Bedoya’s confirmation was not a sure thing. Republicans held up his nomination for eight months. In fact, Bedoya needed to be renominated at the beginning of this year by President Biden.

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Nerd Wallet

MAY 12, 2022

Nearly 1.3 million people in Indiana are signed up for Medicare, placing it in the top 20 U.S. states for Medicare beneficiaries. Medicare is the government health care program for people 65 and older. Medicare Advantage is a bundled alternative to Medicare that offers all the same benefits and usually some extras, such as cost. Kate Ashford writes for NerdWallet.

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Government 71

Collections Law

MAY 12, 2022

If you have a customer who has not paid their bill, you might be wondering how long you have to collect on it. Perhaps you have tried to collect on your own to no avail and you are wondering what steps you should take next. At Law Offices of Alan M. Cohen LLC, our experienced collection attorneys have been helping businesses resolve outstanding debts since 1994.

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Nerd Wallet

MAY 12, 2022

Ever wanted to feel like a movie star? From glowing infinity pools to your private island, living like a celebrity is now perhaps more attainable. How? Airbnb Luxe. This offering is designed to cater to your every whim and features some of the most gorgeous properties. Let’s look at Airbnb Luxe, the type of accommodations. Carissa Rawson writes for NerdWallet.

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Collections

Fico Collections

MAY 12, 2022

FICO World Is Back! After a 30-month Covid hiatus, FICO World 2022 kicked off this week in Orlando, Florida with more than 1,000 customers and partners joining the conference to explore best practices and new ideas in digital transformation and applied intelligence. The conference, which started 45 years ago, features innovative speakers and more than 80 breakout sessions delivered over 3 days.

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Nerd Wallet

MAY 12, 2022

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This episode is dedicated to a Travel Nerd’s story about traveling to Tokyo for a vacation that balanced moments of luxury and cost-saving travel hacks. Check out this episode on any of these platforms: Apple Podcasts Spotify Our take Taking a multi-week. Sam Kemmis writes for NerdWallet.

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Troutman Sanders

MAY 12, 2022

Register Here Tuesday, May 24 • 12:00 p.m. ET. Presented by Pro Bono Institute (PBI) and its Corporate Pro Bono (CPBO) project, and Troutman Pepper, in conjunction with Financial Institution Pro Bono Day 2022. In-house counsel at financial institutions subject to the requirements of the Community Reinvestment Act (“CRA”) will learn how the provision of pro bono legal services can contribute to their institution’s compliance with the CRA.

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Prosperity Now

MAY 12, 2022

This tax season, VITA organizations across the country continued to address the unmet financial needs of low-income communities as a

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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.

Troutman Sanders

MAY 12, 2022

In our inaugural episode, Troutman Pepper Consumer Financial Services Partner Chris Willis welcomes fellow CFS Partner Lori Sommerfield in a discussion on the U.S. Department of Justice’s recent guidance on website accessibility for state and local governments and for public accommodations under Titles II and III of the Americans with Disabilities Act.

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